positive externality occurs quizlet Positive externality examples

A positive externality occurs when Quizlet

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What is a positive externality quizlet?

Positive externalities. a benefit obtained without compensation by third parties from the production or consumption of sellers or buyers. Example: A beekeeper benefits when a neighboring farmer plants clover. An external benefit or a spillover benefit. Cost benefit analysis.

How do positive externalities occur?

A positive externality occurs when a benefit spills over. So, externalities occur when some of the costs or benefits of a transaction fall on someone other than the producer or the consumer.

What is a positive externality?

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.

What is an example of a positive externality quizlet?

An externality is benefit or cost that affects someone who is not directly involved in the production or consumption of a good or service; Examples of a negative externality include pollution, while something such as a technology spillover is an example of a positive externality.

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