Simple Questions on Economics

I think you are right, in that there is a difference between the “aggregate” view and the “industry” view.
thanks!
 
it think it depends whether it is a positive or negative externality.
Positive externality caused by the firm will lead to underproduction and a negative externality will lead to overproduction.
 
wow. thanks for all the posts. i am not getting time right now, but will definitely check them out in a couple of days. btw, you guys should join the skype group we just formed. its great, coz people are making progress. look in the hookups page.
 
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