The spillover effects of production or consumption for which no payment is made. Externalities can be positive or negative. For example all fax users gain as new users become connected (positive); and smoke from factory chimneys (negative).
Found on
http://www.encyclo.co.uk/local/20140
The spillover effects of production or consumption for which no payment is made. Externalities can be positive or negative. For example all fax users gain as new users become connected (positive); and smoke from factory chimneys (negative).
Found on
http://www.encyclo.co.uk/local/20414
Externalities are the positive or negative economic impact of consuming or producing a good on a third party who isn?t connected to the good, service, or transaction. In other words, they are unforeseen consequences to economic activities.
Found on
https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction
No exact match found.
