Answer:
negative externality
Explanation:
In simple words, negative externality refers to the loss that an unrelated third party experiences due to any economic transaction that occurs between the other two independent entities.
Under this concept the two parties do not deliberately effect the third party and generally that third party do not get any chance to tackle the loss before it actually happens. Diseases happening to general public due to pollution by factories is the prime example of negative externality.
Hopefully this should help you
http://gcc.glendale.edu/fire/Documents/ClassMaterials/Ropes/Ropes-VFA08.pdf
Knots start on page 35
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Diverticula.........................
The opportunity cost of college dorm living is the tuition you could have paid for with room and board fee.
<h3>How does college dorm work?</h3>
The opportunity cost of living in a university dormitory is the monthly fee that you could have paid with room and board fee, in this case the student has the alternative of being able to enjoy a college dormitory with the amount paid in the monthly accommodation fee and food, somewhere else.
Usually, the dormitory director also lives inside the building. This person can be either a graduate student or a trained student affairs professional. And unlike RA's, this figure is responsible for the entire dorm, not just one floor.
With this information, we can conclude that the opportunity cost of college dorm living is the tuition you could have paid for with room and board fee.
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