Impacts of a negative externality

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The chart shows the impacts of a negative externality. For instance, the steel business is thought to sell in a serious market - under the steady gaze of contamination control regulations were forced and implemented (for example under free enterprise). The peripheral private expense is not exactly the minor social or public expense by how much the outside cost, i.e., the expense of air contamination and water contamination. This is addressed by the upward distance between the two stockpile bends. It is accepted that there are no outside benefits, so friendly advantage rises to individual advantage.

Reference no: EM133209367

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