When a person does not have to pay the full costs for using a scarce resource, then there is

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When a person does not have to pay the full costs for using a scarce resource, such as a negative externality, it means that the person is not bearing the full cost of their actions. This can lead to overuse of the resource, which creates a negative externality for others who may also need the resource. As a result, society as a whole may suffer from the overuse of the resource, and the individual may not face the true cost of their actions.

When a Person Does Not Have to Pay the Full