In the language of economics, an external cost is what?

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    costs that were neglected in the original economic analysis of a process or product
     costs arising from the natural environment, as opposed to manufacturing costs
     an effect of a business process that is not included in the usual calculations of profit and loss
     the cost to a business of using an outside supplier
asked Jun 25, 2012 in Environmental Science by anonymous
    

1 Answer

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an effect of a business process that is not included in the usual calculations of profit and loss
answered Jun 26, 2012 by Geodude ~Top Expert~ (9,680 points)



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