Externality/Definition: Difference between revisions

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A cost of production that is not borne by the producer (see [[microeconomics]]: production).
A cost of production that is not borne by the producer (see [[microeconomics]]: production).

Revision as of 22:27, 22 May 2008

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Externality [r]: A cost of production that is not borne by the producer (see microeconomics: production).