No products in the cart.

Define externalities

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Define externalities
  • 1 answers

Yogita Ingle 4 years, 5 months ago

Externalities refer to the benefits or harms that a firm or an individual causes to another for which they are not paid.
For example, river pollution created by an oil refinery has disastrous effects on aquatic life.
It reduces the overall welfare of the society and create negative externality.

http://mycbseguide.com/examin8/

Related Questions

Mudra kise kehte hai
  • 2 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App