Asked by
Pedro Lucena
on Nov 05, 2024
Verified
Air pollution is an example of a negative externality.
Negative Externality
An undesirable outcome of an economic activity that affects third parties who did not choose to incur that cost or benefit.
Air Pollution
The presence of substances in the atmosphere that are harmful to human health, the environment or cause climate change.
- Identify examples of negative externalities and public goods.
Verified Answer
VP
Learning Objectives
- Identify examples of negative externalities and public goods.