Water pollution from pulp and paper mills harms plants, animals, and humans. this is an example of

Water pollution from pulp and paper mills harms plants, animals, and humans is an example of a market failure caused by an externality.
The term externalities denotes consequences of an economic activity. When a product or service's price equilibrium does not accurately reflect the true costs and benefits of that product or service this leads to market failure.In this case the externalities are excess production.

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Arclight Arclight · Answer 2 · 2019-10-14T05:05:11+02:00

Answer:

Point source pollution

Explanation:

All industries and farms which release pollution at their own place comes under the category of point source pollution.

A point source pollution is basically immobile and is released by a single source. While a non point source of pollution diffuses from different directions such as storm water run off drainage, Land runoff , precipitation etc.

Thus, water pollution from pulp and paper mills harms plants, animals, and humans. this is an example of point source pollution