External costs include _____________.
A)environmental damage
B)raw materials
C)worker's compensation and insurance
D)utilities
E)wages

Question

Quizplus · Accepted Answer

External costs refer to the costs incurred by parties not directly involved in a transaction, such as the costs of environmental damage caused by a business operation. Raw materials, worker's compensation, insurance, utilities, and wages are not examples of external costs.

External Costs Include _____________