Identify Each of the Following as an External Cost or External

question 88

Essay

Identify each of the following as an external cost or external benefit.
a.Second-hand smoke.
b.Noise pollution.
c.Higher college graduation rate.
d.Climate change.

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Definitions:

India

A country in South Asia, known for its diverse culture, languages, and geography, and is the seventh-largest country by land area and the second-most populous country in the world.

Carrying Capacity

The maximum population size of a biological species that an environment can sustain indefinitely, given the available resources.

Population Scientists

Experts who study the size, structure, and distribution of populations, and how populations change over time.

Population Trends

The patterns and changes in population size and composition over time, influenced by factors such as birth rates, death rates, and migration.