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Define externality....

Define externality.

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Externalities refer to benefits (positive externalities) or harms (negative externalities) which are caused one unit to another with no payment received for the benefit and no payment made for the harm.
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Knowledge Check

  • if angleLTS = 38^@ , find the external angleTOL

    A
    `256^@`
    B
    `284^@`
    C
    `302 ^2`
    D
    `310^@`

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