What is positive externality
Answers
Answered by
0
Answer:
................................
Attachments:
Answered by
0
Answer:
A positive externality is a benefit that is enjoyed by a third-party as a result of an economic transaction. Third-parties include any individual, organisation, property owner, or resource that is indirectly affected. While individuals who benefit from positive externalities without paying are considered to be free-riders, it may be in the interests of society to encourage free-riders to consume goods which generate substantial external benefits
Explanation:
Similar questions