An externality takes place when an action which is being conducted attending an individual interest, has an effect on other third parties (this effect can be either positive or negative).
Improving the appearance of the property is considered a good externality, as it supposes an upgrade for the area in which is embodied. An improved property enhances its market value but also the market values of the surrounding properties of the neighbours.
Technically they can, but the line is less sloped
Exponential growth refer to a condition when the number of population is rapidly increased in a higher rate. Organisms that take long time to reproduce can experience an exponential growth if a large number of organisms reproduce together within short period of time.
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|t is important not to skip this section of the proposal because without a thorough explanation of the nature of the study, the variables that will be used, the mathematical method that will be used, and the way the results will be interpreted, the people who are reading the proposal may simply not understand the study at all, and discard it not because of lack of relevance, but because of lack of comprehension.
