1.1.6 Externalities Flashcards by Odelyn Xie | Brainscape

Q

What are external costs and benefits?

A

These are costs and benefits incurred y third parties.

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

What are some external costs?

A

Pollution
Environmental Damage
Congestion
Overall Health Deductions

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

What are some external benefits?

A

Education
Vaccinations
Healthcare
1. Pollution Regulations

How well did you know this?

1

Not at all

2

3

4

5

Perfectly