Answer: Externalities are side effects (good or bad) that occur when a person or a company performs an activity and does not assume all the costs of it, or all the benefits that could be reported. In this way we can distinguish:
Negative externality: Arises when not all the costs of a negative effects are assumed. In these cases, a social cost is generated, since it is the whole society that suffers the consequences of its actions. And the market price does not collect this cost.
Positive externality: Arises from a positive effect that is not reported as a benefit. An example of positive externality that we can mention is scientific research, from which society in general benefits. In these cases, market place do not reflect the real benefits.
False
I believe its a squash.
Is this a true or false and if it is i believe it is true
Answer: The Dutch first settled along the Hudson River in 1624; two years later they established the colony of New Amsterdam on Manhattan Island. In 1664, the English took control of the area and renamed it New York.
Explanation:
