Negative externality is also known as ?
Correct answer: A. external diseconomies
- A. external diseconomies
- B. marginal damage
- C. public goods
- D. resource curse
Explanation
A negative externality imposes an external cost on third parties and is therefore called an external diseconomy. Marginal damage measures the additional harm from one more unit, but is not the broader name for the externality.
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