Those opposed to fracking, a method of extracting natural gas through breaking up underground rocks with chemicals and water, warn that this method might pollute nearby sources of drinking water.
-Any such pollution is
A) an external benefit.
B) an external cost.
C) a private cost.
D) a private benefit.

Question

Quizplus · Accepted Answer

Pollution from fracking is an external cost because it affects third parties who are not involved in the economic transaction, such as nearby residents who rely on the water supply.

Those Opposed to Fracking, a Method of Extracting Natural Gas