The answer is C. A side effect of a good or service generating benefits or costs to someone who doesn't decide how much to produce or consume
Answer:
C is the correct option.
Explanation:
This refers to the coast and benefits incurred or received by a third party. Although that third party has no control over cost or benefits. It can be both negative and positive and can be caused due to the production and consumption of goods and services. It can be both private and social. The harmful gases emitted by a factory that affects the people living in the surrounding area is a case of the negative externality.
