What Are Positive Externalities?

Transcript

♪ [intro music] ♪ - [Tyler] In an earlier video, we covered negative externalities. So now, let's turn to positive externalities. Our earlier example of a negative externality was how the overuse of antibiotics can lead to antibiotic-resistant superbugs. Bystanders bear an unwanted cost, a negative externality, from others' decisions to use more... Read More