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Which of the following is true regarding negative externalities? a. The act of polluting more than...

Which of the following is true regarding negative externalities?
a. The act of polluting more than is socially optimal is a negative externality.
b. The effects of pollution on individuals and firms who are not the polluters are
negative externalities.
c. The benefits of an educated workforce on society is a negative externality
because it causes private decisions to provide less education funding than is
socially optimal.
d. The costs of production are negative externalities because they negatively affect
firms’ profits.
e. All of the above are true.

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