The overselling of private goods results in _ ,such as cars causing traffic jams,air pollution,injuries,and deaths.

Question

Quizplus · Accepted Answer

The term "social costs" is often used to describe the negative externalities or consequences that arise from the consumption of private goods. In the case of cars, the overselling of them can lead to traffic jams, air pollution, injuries, and deaths, which are all examples of social costs. Cultural pollution, misdirected funding, opportunity expenses, and materialism are not the most appropriate choices because they do not accurately describe the negative consequences that come from overselling private goods like cars.

The Overselling of Private Goods Results in _ ,Such as Cars