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Tags
#cfa #economics #social-cost
Question
If there is a positive externality, then one will have [social benefits and private benefits, which are higher in this case?].
Answer
higher social benefits than private benefits

Tags
#cfa #economics #social-cost
Question
If there is a positive externality, then one will have [social benefits and private benefits, which are higher in this case?].
Answer
?

Tags
#cfa #economics #social-cost
Question
If there is a positive externality, then one will have [social benefits and private benefits, which are higher in this case?].
Answer
higher social benefits than private benefits
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If there is a positive externality, then one will have higher social benefits than private benefits.

Original toplevel document

Social cost - Wikipedia, the free encyclopedia
edit] If there is a negative externality, then social costs will be greater than private costs. Environmental pollution is an example of a social cost that is seldom borne completely by the polluter, thereby creating a negative externality. <span>If there is a positive externality, then one will have higher social benefits than private benefits. For example, when a supplier of educational services indirectly benefits society as a whole but only receives payment for the direct benefit received by the recipient of the education: t

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