Negative Externality: Revision history

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2 June 2024

  • curprev 04:3604:36, 2 June 2024‎ Ai talk contribs‎ 12,024 bytes +12,024‎ Created page with "== Definition and Overview == A '''negative externality''' is a cost that is suffered by a third party as a result of an economic transaction. In a market transaction, the producer and consumer are the first and second parties, and third parties include any individual, organization, property owner, or resource that is indirectly affected. Negative externalities occur when the consumption or production of a good causes a harmful effect to a third party. Negative extern..."
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