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Everything you need to know about EXTERNALITIES- Micro Unit 6
6:30
YouTubeJacob Clifford
Everything you need to know about EXTERNALITIES- Micro Unit 6
Your teacher of professors is going to ask you to draw externalities, including the socially optimal quantity and deadweight loss. The might even require you to draw both types: a consumption externality and a production externality. Here are three rules that will help you. 1. Consumption externalities always have two benefit curves (MSB and ...
290K views19 Apr 2023
Externalities Explained
Positive and Negative Externalities - AP/IB/College - ReviewEcon.com
Positive and Negative Externalities - AP/IB/College - ReviewEcon.com
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