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Social Science Categories
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| Definition Of: |
Externalities
a situation in which an individual or firm takes an action but does not bear all the costs (negative externality) or receive all the benefits(positive externality) Costs or benefits that fall on third parties.
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Environmental Economics Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 A: Page 1 of 1.
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