Economics
Textbooks
Boundless Economics
Market Failure: Externalities
Introducing Market Failure
Economics Textbooks Boundless Economics Market Failure: Externalities Introducing Market Failure
Economics Textbooks Boundless Economics Market Failure: Externalities
Economics Textbooks Boundless Economics
Economics Textbooks
Economics
Concept Version 6
Created by Boundless

Externality Impacts on Efficiency

Externality

Externality

This diagram shows the voluntary exchange that takes place within a market system. It also shows the economic costs that are associated with externalities.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "Externality."
    http://en.wikipedia.org/wiki/File:Externality.svg Wikipedia CC BY-SA.

Related Terms

  • efficient
  • externality
  • Subjects
    • Accounting
    • Algebra
    • Art History
    • Biology
    • Business
    • Calculus
    • Chemistry
    • Communications
    • Economics
    • Finance
    • Management
    • Marketing
    • Microbiology
    • Physics
    • Physiology
    • Political Science
    • Psychology
    • Sociology
    • Statistics
    • U.S. History
    • World History
    • Writing

    Except where noted, content and user contributions on this site are licensed under CC BY-SA 4.0 with attribution required.