Answer: Externalities are side effects (good or bad) that occur when a person or a company performs an activity and does not assume all the costs of it, or all the benefits that could be reported. In this way we can distinguish:
Negative externality: Arises when not all the costs of a negative effects are assumed. In these cases, a social cost is generated, since it is the whole society that suffers the consequences of its actions. And the market price does not collect this cost.
Positive externality: Arises from a positive effect that is not reported as a benefit. An example of positive externality that we can mention is scientific research, from which society in general benefits. In these cases, market place do not reflect the real benefits.
Answer:
because he locks ..........................
Answer:
lack of monetary service can lead to increase in robbery
it can to high rate of insecurity
it can lead to disunity in the community
Desoto on the shore of the mississippi
C. A painting that artists create by applying pigments to damp plaster walls.