spillover effects is also known as an external cost or external benefit.
an external cost or external benefit is also known as?
spillover effects
Na
Na
in economics, an externality is the cost or benefit that affects a party who did not choose to incur that cost or benefit. the cost of the environment is usually termed as the external cost of an enterprise. air pollution from burning fossil fuels causes damages to crops, (historic) buildings and public health. "social cost − private cost = external cost". the ideal situation of environmental enterprise is to cut the negative external cost. 





























section::::nature.:social cost.
environmental enterprise