A "spillover cost" refers to the fact that not all costs of a good have been internalized into that good's price.

Name: A "spillover cost" refers to the fact that not all costs of a good have been internalized into that good's price.
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A spillover cost, also known as an external cost, is a cost incurred by a third party as a result of a transaction between two other parties. These costs are not reflected in the price of the good or service, and are therefore not internalized.

A "Spillover Cost" Refers to the Fact That Not All