Question

Example of external costs

Answer 1

External costs (also known as externalities) refer to the economic concept of uncompensated social or environmental effects. For example, when people buy fuel for a car, they pay for the production of that fuel (an internal cost), but not for the costs of burning that fuel, such as air pollution.

Answer 2

example, when people buy fuel for a car, they pay for the production of that fuel (an internal cost), but not for the costs of burning that fuel, such as air pollution

Step-by-step explanation:

External costs (also known as externalities) refer to the economic concept of uncompensated social or environmental effects.

Hope this help

Have a nice day!!!!