Multiple Choice
Which of these is an example of an external cost?
A) an increase in the value of land you own when a nearby development is completed.
B) the costs paid by a company to build an automated factory.
C) decreased property values in a neighbourhood where several houses are burglarized.
D) the higher price you pay when you buy a heavily advertised product.
Correct Answer:

Verified
Correct Answer:
Verified
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