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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Answer:
tungkulin ng encomiendero.
mangolekta ng buwis
ituro ang kulturang espanol
ipaunawa at ituro ang katolisismo.
The Mongol nobles would accept the political leadership of a womanizer because in their culture, men with no wives would not be respected and shamed. Men with many wives were revered as wealthy, powerful, and masculine. Mongol nobles we’re allowed to take as many wives as they would like.
Took care of the animals and became quite skilled as a seamstress