Economy, asked by padahi, 7 months ago

Give an example of positive externality . What is its impact on welfare?

Answers

Answered by Nisha834

Answer:

A positive externality exists if the production and consumption of a good or service benefits a third party not directly involved in the market transaction.

Explanation:

Example : if you get an education then it benefited you and also the society.. It's impact on welfare is good.

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