McqMate
| Q. |
An externality is defined as |
| A. | an additional cost imposed by the government on producers. |
| B. | a cost or benefit caused by a producer that is not financially incurred or received by that producer. |
| C. | an additional gain received by consumers from decisions made by the government. |
| D. | the additional amount consumers have to pay to consume an additional amount of a good or service. |
| Answer» B. a cost or benefit caused by a producer that is not financially incurred or received by that producer. | |
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