External costs that force costs (in terms, for example, of polluted air or water) onto others are also known as

Question

Quizplus · Accepted Answer

External costs that force costs onto others are negative externalities, which occur when the production or consumption of a good or service imposes costs on third parties who are not directly involved in the transaction. This can lead to market inefficiencies and a lack of consideration for social costs.

External Costs That Force Costs (In Terms, for Example, of Polluted