A cost of an activity that falls on people not engaged in the activity is called a(n):
A)external benefit.
B)prisoner's dilemma.
C)negative externality.
D)positive externality.

Name: A cost of an activity that falls on people not engaged in the activity is called a(n): A)external benefit. B)prisoner's dilemma. C)negative externality. D)positive externality.
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Question

Quizplus · Accepted Answer

An external cost, also called a negative externality, is a cost of an activity that falls on people other than those who pursue the activity.

A Cost of an Activity That Falls on People Not