A positive externality exists when the actions of one party impose benefits on a second party.
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Q188: Education is an example of a positive
Q189: In any case where there is a
Q190: A negative externality exists when the actions
Q191: When a firm imposes an external social
Q192: The marginal social benefit of pollution is
Q194: Externalities involve the imposition of costs or
Q195: Injunctions are good remedies for problems where
Q196: Externalities always involve the imposition of costs
Q197: Acid rain is an example of a
Q198: Taxes, tradable pollution permits, and direct regulation
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