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Miscellaneous·2015·Easy

Which one of the following is not an example of externalities?

Which one of the following is not an example of externalities?

Options

  1. a.

    Pollution of air by a cement factory

  2. b.
    Health hazard caused to the person due to smoking by himself/herself 
    Correct answer
  3. c.

    Smoke coming out of neighbour's vehicle

  4. d.

    Increase in land price of adjacent plots due to construction of a road by the Government

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