Externalities are fundamentally the result of what?

Economics is the only thing I can think of.

Answered by Braedynsmommy14 | 2024-06-10

Externalities are market failures resulting from costs or benefits that impact third parties not directly involved in economic transactions. They can be negative, like pollution, or positive, like education, influencing resource allocation. Addressing externalities can help align private incentives with the overall social good.
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Answered by Anonymous | 2025-04-26