Externalities - An externality is such type of outcome which is not directly incureed by the producer but its consequences are incurred by society as a whole. The externalities can be negative as well as positive.
Negative externality- A externality that has a negative and harmful effect on society, as well as firms, are called negative externalities.
- For eg., A firm polluting the environment to save the cost of production will have negative consequences on society as a whole.
Positive externality - An outcome of the decisions and execution of a company that has led to positive consequences for both company and the society.
- For eg., the perfect example of positive externalities is the research and development work of any company. The research and development benefits not only the company to enhance its efficiency but it also benefits society by gaining the knowledge from the research, employment from work, etc,
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It was founded by Roman Emperor, Constantine when Rome split into 2 separate empires. Constantinople became the Capital of the Eastern Roman Empire. The modern day of location of Constantinople, is Istanbul, Turkey.
Answer:
Nationalism was a great cause of World War one because of countries being greedy and not negotiating. Nationalism shows you are proud of your country and want it to be the best. A lot of causes all linked back to countries all wanted to be better than each other.
Explanation:
Yes, Lincoln was against slavery. He issued the Emancipation Proclamation to set the slaves free.
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