An External Cost Is a Cost of Producing a Good

question 71

Multiple Choice

An external cost is a cost of producing a good or service that is

• A) not paid by the producers.
• B) paid by the producers.
• C) paid by the government.
• D) paid by the consumer and the government.

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Definitions:

Win the Game

Achieving a higher score or meeting the criteria for victory in a competitive activity.

Independent

Free from outside control or influence, able to function or operate on its own.

Bull's-Eye

The center of a target, often denoting a point of perfect accuracy or the achievement of a goal with precision.

Independent

Unaffected by other variables; capable of existing or operating separately.