Ask Question
2 October, 17:42

A positive externality arises when a person engages in an activity that has

+2
Answers (1)
  1. 2 October, 19:52
    0
    A positive externality arises when a person engages in an activity that has a beneficial effect on a bystander who does not pay the person who causes the effect. A positive externality is something that benefits someone who didn't produce or consumer the good. A good way to remember a positive externality is a third party who wasn't initially related to the exchange of a good or service but still benefited from it happening.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A positive externality arises when a person engages in an activity that has ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers