What is Externality?
1.
an externality is a cost or benefit resulting from an economic transaction that is borne or received by parties not directly involved in the transaction. Externalities can be either positive, when an external benefit is generated, or negative, when an external cost is imposed upon others
"The factor has negative externality on the environment"
See
Random Words:
1.
Theory saying that if the rich get richer they will give their surplus cash to the poor. Of course this theory assumes that the rich are..
1.
When someone has a child
Person 1: "damn she is hot"
person 2: "nah man she is 80 pounds overweight"
person 1: &q..
