Bba 1 be 1 u-4 cost analysis & price output decisions
Econ 522 Economics of Law Dan Quint Spring 2013 Lecture 3.
Mr. LAU san-fat CH12-Externality/Ver 2004 1 Chapter 12: Externality References: – Advanced Level Microeconomics, LAM pun-lee, CH 17 – A-Level Microeconomics,
Externalities and the Environment. What is an Externality? When a person/firm does something that affects the interests of another person or firm without.
Returns to Education. Background: Individual’s Perspective Education is an important decision for many people – Higher levels of education can increase.
