Anitaw Anitaw
  • 30-03-2016
  • Business
contestada

what does Extarnality mean?

Respuesta :

Trevish Trevish
  • 30-03-2016
Externality is divided into 2 parts:
External Cost or External Benefit.
It is either a cost or benefit incur to someone who did not choose to incur that cost or benefit
For eg:A stone crusher incur external cost which is pollution that affect people living nearby.
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