From the BBC comes this sorry tale of shops in severe difficulties due to roadworks
http://news.bbc.co.uk/1/hi/business/7755218.stm
a) Who are the 2 parties to the economic transaction?
b) Define what is meant by the term negative externalies
b) Explain why the shops are suffering negative externalities in this example
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment