Microeconomics: Externalities
Externalities
FRANCO CFA O EL NUEVO COLONIALISMO FRANCES. / CFA FRANC AND FRENCH COLONIALISM
Popular posts from this blog
Microeconomics: Production Possibilities Frontier (PPF)
Microeconomics: Production Possibilities Frontier (PPF) CLICK HERE AND WATCH THE VIDEO ON YOUTUBE! https://youtu.be/dtk3I972OOE
Why Governments are so inefficient?
Why Governments are so inefficient?
I loved the example of neighbors hearing loud music!
ReplyDeleteI think externalities are very interesting and I was able to grasp the concept well once you explained how my actions can affect others.
ReplyDeleteLast night I heard someone playing their guitar and singing Zach Bryan in the courtyard of my apartment at 5 AM. Safe to say it was a negative externality.
ReplyDeleteI think externalities are a very important factor when making decisions.
ReplyDeleteVery similar to the butterfly effect.
ReplyDeleteVery interesting, with how choices effect more than we can see.
ReplyDeleteExternalities can be positive or negative. They can help us see the bigger picture and make better choices. I'm interested in the ripple effect of externalities and they ethical side of them.
ReplyDeleteI enjoy hearing live music so I would say walking through a metro station where music is being played would be a positive externality for me, it is negative when they are on the train and asking for money after they sing.
ReplyDeleteThe music example was a great way of explaining this and helping me to understand this concept.
ReplyDeleteNegative and positive externalities impact everyday decisions.
ReplyDeleteEvery choice ever made has had both positive and negative externalities. This video was very helpful in highlighting this.
ReplyDeleteThis was way better than a packet yo
ReplyDeleteInteresting how externalities both positive and negative impact most things in our everyday life.
ReplyDelete