Ask Question
25 May, 12:21

If a positive externality in consumption is present in a market, then

+2
Answers (1)
  1. 25 May, 12:31
    0
    Positive externality is a benefit that is enjoyed by a third party as a result of business transaction. Third parties include any individual, property owner or an organisation or a resource that is indirectly affected. If a positive externality in consumption is present in a market, then the private benefit from a consumption will be different than the social benefit from consumption.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If a positive externality in consumption is present in a market, then ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers