Overharvesting of fish in international waters an example of
What economic concept?
A)a production externality
B)a consumption externality
C)marginal social benefits exceeding marginal private benefits
D)private marginal costs exceeding marginal social costs

Question

Quizplus · Accepted Answer

Overharvesting of fish in international waters is an example of a consumption externality because the consumption of fish by one party affects the availability of fish for others, leading to overexploitation and depletion of the resource, which is a negative externality.

Overharvesting of Fish in International Waters an Example of