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Melissa engages in an activity that influences the well-being of a bystander. In order for melissa’s activity to give rise to an externality, it must be the case that:.

User DHamrick
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1 Answer

10 votes
Melissa fails to recognize the impact of her activity on the bystander's wellbeing.
- the bystander fails to recognize the impact of Melissa's activity on his or her wellbeing.
- the well-being of the bystander is adversely impacted by Melissa's activity.
- Melissa neither pays nor receives any compensation for her activity. X(So that someone else gets/pays as a result of her activity.)
the well-being of the bystander is adversely impacted by Melissa's activity.
User Sei
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