Externalities exist when some of the costs or benefits associated with production and consumption fall on someone other than the producers or consumers of the product.
Standard detail
4.
Benchmark
Depth 1Parent ID: 9622E4689DBC48B9AEBAC9EBC5B59837Standard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 4.
- List ID
- 4.
- Standard ID
- 48329A1259F9428D94FC65AE93E38CBD
- ASN identifier
- S2604838
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 9622E4689DBC48B9AEBAC9EBC5B59837
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US