Positive & Negative Externalities | Consumption & Production Externalities

Описание: 😎 Struggling with your college tasks? Get your homework under control. Check out GeeklyHub and get yourself a Geek in a few clicks. Get 20% off today! https://bit.ly/3kA5Acd Positive and negative external factors affect everything, even the economics of a business or municipality. Today we'll go over the good, the bad, the ugly.

Welcome to GeeklyEDU Economics! A negative externality happens when a cost bubbles over. A positive externality happens when a benefit bubbles over. So, externalities happe when some of the costs or benefits of a transaction fall on someone other than the producer or the consumer.

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