An individual producer or a consumer "internalizes an externality" when
a) they keep knowledge of the externalities private to them.
b) they ignore the externalities created by their actions.
c) in their own decisions they take into account the external effects of their actions.
d) they lobby against any government action related to the externalities caused by their actions.
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Home » Business » An individual producer or a consumer "internalizes an externality" when a) they keep knowledge of the externalities private to them. b) they ignore the externalities created by their actions.