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,
To learn more about externalities please click on the link brainly.com/question/16968584
#SPJ1
Answer:
To be brutally honest, the Aztecs were a rather psychopathic lot. ...
They were also lovers of sports and the arts. ...
The Aztecs developed a complex form of slavery. ...
They introduced compulsory schooling.
Explanation:
Thats all that i can sorry
Answer:
Youth culture Hope this helps
Explanation:
José Manuel Morelos y Robles.
A unique property of stem cells is that they can divide and differentiate, meaning they can become specialized cells. Stem cells can specialize to gain a specific function, for example a stem cell can become a liver cell.