The problem of excess pollution mainly occurs because of

Name: The problem of excess pollution mainly occurs because of
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Question

Quizplus · Accepted Answer

Excess pollution is a classic example of a negative externality, where the costs of pollution are not borne by the polluter but by others in society. This contributes to overproduction of pollution-generating goods and services, as the polluter does not bear the full cost of their actions. Therefore, the correct choice is C, negative externality.

The Problem of Excess Pollution Mainly Occurs Because of