What Is the Consequence of a Positive Externality in a Market

question 272

Essay

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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Definitions:

Personalize Conversations

Tailoring dialogue or interactions to suit the individual characteristics, preferences, and needs of the person one is communicating with.

Race-Related Content

Materials, discussions, or media that focus on issues, history, and dynamics related to race and racial identity.

Biases

Inclinations or prejudices for or against one person or group, especially in a way considered to be unfair, which can affect judgment and decision-making processes.

Learning Environment

The physical or virtual setting in which education or learning takes place, including all its cognitive, social, and emotional aspects.