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4 August, 00:55

What is positive externality

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  1. 4 August, 01:16
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    A positive externality is a positive effect felt by a third party which had nothing to do with the positive benefit. This can be felt equally on the consumer side or on the production side. There are a range of examples for this and although this has the connotation of being a benefit, legal arguments could break out over this, as both sides want to have a larger share of the benefits.
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