Are all the costs of making the good included in the price? Externalities.

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Are all the costs of making the good included in the price? Externalities

An externality is an economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume EOC Study Guide Microeconomics # 4

Positive Externalities A positive externality is a beneficial side effect of an action that is felt by other

Negative Externalities A negative externality is an adverse side effect of an act that is felt by others

Are all of the costs of a business “paid” by the business? Hot Sauce

Possible solutions to externalities

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