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Narmada Ingle
on Nov 17, 2024

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Which of these activities will most likely impose an external cost?

A) An athlete works out at a gym.
B) A postal worker smokes a cigarette in a crowded break room.
C) A young father pushes his baby in a stroller.
D) A construction worker eats a hotdog during her lunch break.

External Cost

Costs of a transaction or activity that affect parties who did not choose to incur that cost, often referred to in the context of negative externalities in environmental economics.

Postal Worker

An employee of the postal service who is involved in the processing, delivery, or handling of mail.

Crowded Break Room

A situation where the designated area for employees to take breaks is excessively occupied, leading to a lack of space and resources.

  • Acquire knowledge on the idea of externalities and their effects on communal life.
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Susana ChaconNov 23, 2024
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