If a copper refinery does not bear the entire cost of the smoke it emits it will what?

If a copper refinery does not bear the entire cost of the smoke it emits, it will likely produce more pollution than is socially optimal. This situation can lead to negative externalities, where the health and environmental impacts are borne by the community rather than the refinery itself. As a result, the refinery may prioritize profit over environmental responsibility, exacerbating air quality issues and harming public health. Ultimately, this can lead to regulatory interventions or increased pressure for cleaner technologies.