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Stells [14]
4 years ago
5

What is an externality ?

Social Studies
2 answers:
Mars2501 [29]4 years ago
7 0

an externality is the cost or benefit that affects a party who did not choose to incur that cost or benefit - google

a benefit for someone who was not expecting it - me

hope this helps :)

Monica [59]4 years ago
4 0

An externality associated with a market can produce negative costs and positive benefits, both in production and consumption.

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