Negative externality

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A negative externality:

A. is a payment received to parties not involved in the production or consumption of a good.

B. is a cost borne by parties not involved in the production or consumption of a good.

C. results from the absence of well-defined property rights.

D. is a cost borne by parties not involved in the production or consumption of a good and results from the absence of well-defined property rights.

Reference no: EM13836606

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