Environmental Pollution caused by industrial plants is an example of ____ Externality.
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Environmental Pollution caused by industrial plants is an example of ____ Externality.
Anurag Pathak Changed status to publish December 22, 2023
Environmental Pollution caused by industrial plants is an example of Negative Externality.
Explanation:-
Externalities refer to the benefits or harms of an activity caused by a firm or an individual for which they are not paid or penalized.
Activities resulting in harm to others are called negative externalities.
For example:- Environmental pollution caused by industrial plants
Anurag Pathak Changed status to publish December 10, 2023