Negative externalities are often referred to as
A) full absorption costs.
B) social costs.
C) allocated costs.
D) environmental costs.

Name: Negative externalities are often referred to as A) full absorption costs. B) social costs. C) allocated costs. D) environmental costs.
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Question

Quizplus · Accepted Answer

Negative externalities are costs that affect people or entities other than the ones involved in the economic activity. They are also known as social costs because they impact society as a whole.

Negative Externalities Are Often Referred to as