I'm not referring to the typical definitions of industry (internal) & societal (external) costs but rather the costs that can be reduced by a member within an industry (to be competitive) and the costs that impact every member of the industry equally.

In an agriculture example; farmers can find efficiencies in "internal costs" (deciding how much to pay for land or labor) but there is no opportunity in "external costs" (regulations or fuel) that would impact the profitability of all farmers equally.

Is there more appropriate language for this type of grouping?


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