Air pollution best illustrates

Name: Air pollution best illustrates
Brand: Quizplus
Rating: 4.9 (47 reviews)

Question

Quizplus · Accepted Answer

Air pollution is an external cost, meaning that the costs of producing goods or services are not entirely borne by the producers but are instead shifted to society as a whole. In this case, the costs of air pollution are not fully reflected in the price of the goods or services that generate the pollution, leading to negative effects on the environment and public health that are not accounted for in the economic system.

Air Pollution Best Illustrates