An externality is defined as

Question

Accepted Answer

a cost or benefit that arises from production and falls on someone other than the producer, or a cost or benefit that arises from consumption and falls on someone other than the consumer.

Answer

an additional gain received by consumers from decisions made by the government.

Answer

an additional cost imposed by the government on producers.

Answer

the additional amount consumers have to pay to consume an additional amount of a good or service.

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An externality is defined as

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