The costs of pollution are known as:

Question

Quizplus · Accepted Answer

The costs of pollution are additional costs which are imposed on the society and the environment due to the production and consumption of goods and services. These costs are not considered in the market price of the product and are termed as external costs. Marginal external cost refers to the additional cost imposed on the society and environment for the production or consumption of an additional unit of a product due to pollution.

The Costs of Pollution Are Known As