CROSS CURRENTS : The external question
Quarries ask us what we will tolerate
Posted: August 24, 2009 at 5:24 a.m.
An external cost, also known as an externality, arises when the social or economic activities of one group of persons have an impact on another group and when that impact is not fully accounted, or compensated for, by the first group.
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Opinion, Pages 4 on 08/24/2009
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