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What Is the Consequence of a Positive Externality in a Market

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What is the consequence of a positive externality in a market? What is the consequence of a negative externality? Why those consequences occur?


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An interactive, digitally enabled system that allows individual customers to design their own products and services by answering a few questions and choosing from a menu of product or service attributes (or components), prices, and delivery options.

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A global manufacturer of confectionery, pet food, and other food products, known for brands like M&M's, Snickers, and Pedigree.

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Photographs taken by individuals that capture personal moments, memories, or experiences, typically not intended for commercial use.

Time Utility

The value added to products or services by making them available at a time convenient for consumers, enhancing customer satisfaction.

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