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kow [346]
3 years ago
12

In 1 or 2 sentences, define an externality and explain how the government makes companies take responsibility for negative exter

nalities.
Business
1 answer:
tamaranim1 [39]3 years ago
7 0

In economics an externality is the cost or benefit that affects someone who did not choose this. It is the true cost of a product that can be both positive or negative. Pollution can be an example of this. An educated labor force producing more is a positive example of this. The government rewards positive externality and punishes negative externality. Rewards can be surpluses and taxes can be punishments.

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architectural innovation

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3 0
3 years ago
Wedding Photos. Bobby took a number of wedding photos at Jill's wedding. He was paid as the photographer. On all of the photogra
algol13

Answer:

He would register merely by affixing the appropriate symbol at the bottom of the photograph followed by first date of publication and his name.

Explanation:

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