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ira [324]
3 years ago
14

If an externality is present resulting in market failure then

Business
1 answer:
Verdich [7]3 years ago
8 0

<span>Then the private benefit from consumption will will not be the same as the social benefit from consumption.</span>

An externality is the impact of a buy or choice on a man group who did not have a choice in the occasion and whose interests were not considered. Externalities, at that point, are overflow impacts that fall on parties not generally engaged with a market as a maker or a buyer of a product or service. Externalities can be negative or positive, and externalities can come about because of either the production or the utilization of a good, or both.

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oee [108]

Answer:

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Angelina_Jolie [31]

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