asked 197k views
2 votes
A negative externality:

A. is any cost above the economic cost.
B. equals the social cost plus the firm's private cost.
C. is an uncompensated cost imposed by an individual or firm on others.
D. equals the opportunity cost minus the social costs.

asked
User Dantuch
by
8.2k points

1 Answer

4 votes

Answer:

C. is an uncompensated cost imposed by an individual or firm on others.

Step-by-step explanation:

Negative externalities can include damage to the environment, health complications (and medical bills) later on, etc. For example, the cost involved with treating lung disease would be a negative externality with cigarettes.

I hoped this helps!

answered
User Erik Godard
by
7.9k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.