| 单词 | negative externality |
| 释义 | negative externalityDefinition Occurs when a product or decision costs the society more than its private cost. It is generally viewed as a failure of the market because the level of consumption or production of the product is higher than what the society requires. Car pollution is an example of negative externality; as a driver of a car, you don't account for the costs of the air pollution created by the car but the society is paying for the costs of air pollution. Use 'negative externality' in a SentenceThe negative externality was unable to be ignored by the chief executive officer so he ended the business process as we knew it. There may be a negative externality to your decision that you will have to live with if you go ahead and make it anyways. The woman thought that she would have no issue living next to a paper mill; however, she soon found the negative externality of horrid smells and pollution to be too much. |
| 随便看 |
|
英汉经管词典收录了27404条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。