How to pronounce“externality”in English
you do less you can sell the excess that you're not producing to someone else so they're both ways of getting a price associated with the external
externality uh and getting something closer to a sensible outcome um I happen to favor as I think many economists do the tax because the cap and trade is
open to all kinds of political Shenanigans as to who gets what amounts of quot um but again you can show that under
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Definitions of “externality”
The state of being external or externalized.
“But according to the theory of the externality of relations, terms acquire from their new relations an added character, which does not either condition, or necessarily alter, the character which they already possess.”
A thing that is external relative to something else.
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