Positive & Negative Externality: MPC, MPB, MSB, MSC Graphs & Analysis | Microeconomics Lumist

Stuck on a Study problem of Positive & Negative Externality?
Through this course, you can gain：
1.Externality exists when the transaction of a good or services causes impact the well-being of an external party not involved in the transaction
2.Marginal private benefit + Marginal External benefit = Marginal Social Benefit
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#postiveexternality#marginalprivatebenefit#marginalsocialbenefit

[@Matthew686868]

Great video. Understood the concept well

[@Vemillii]

We need more economics videos bro

[@MoReda-fr3sv]

helped me alot thank you

[@AusafKhan-gt6bn]

I see we have a destiny fan here

[@emilychen4352]

Very beneficial. Saved me from econ hw!