Externality Summary

Everything you need to understand or teach Externality.

  • 2 Encyclopedia Articles

Study Pack

The Externality Study Pack contains:

Encyclopedia Articles (2)

1,037 words, approx. 4 pages
Externality Most economists argue that markets ordinarily are the superior means for fulfilling human wants. In a market, deals are ideally struck between consenting adults only when the parties fee... Read more
1,499 words, approx. 5 pages
Economic Externalties An economic externality exists whenever the well-being of some individual is affected by the economic activities of others without particular attention to the welfare of that ind... Read more