Learn all about NEGATIVE Consumption Externalities - Chapter 5 Part 3

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School of Economics

School of Economics

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@gavinflanagan
@gavinflanagan Жыл бұрын
Just I have it right, those lasst three externality examples of the SUV are negative societal externalities because the marginal damage cost is put on society?
@SchoolofEcon
@SchoolofEcon Жыл бұрын
Correct. Yu don't need to say societal externality. Negative consumption externality. Consumption of one party having a negative impact of at least one person who is not compensated for the damage.
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