Negative Externalities In Production!(1) Toxic fumes given out by aluminium manufacturer
(2) Nearby laundry is soiled by the fumes & owner (third party) is adversely affected!
(3) Air pollution is the external cost which indirectly raises the laundry's production costs.
HAHAHAHAA. :)))) Too bored from writing notes. Life needs some humour. I'll never forget negative externalities anymore! :D
& see. if you didn't already know this, you just learnt something new today (((((: How great is 2009 turning out to be! :)
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