Slide 1Externalities CHAPTER 15 Slide 2 After studying this chapter you will be able to Explain how externalities arise Explain why negative externalities lead to inefficient…

Slide 1EXTERNALITIES 15 CHAPTER Slide 2 Objectives After studying this chapter, you will able to Explain how property rights can sometimes be used to overcome externalities…

Social Inequality Worldwide Global Stratification Hierarchy of wealth, power, and influence among the countries of the world Example of Bangladesh Stratification in World…

Slide 1 Externalities CHAPTER 15 Slide 2 After studying this chapter you will be able to Explain how externalities arise Explain why negative externalities lead to inefficient…

EXTERNALITIES 15 CHAPTER Objectives After studying this chapter, you will able to Understand the nature and source of externalities in a modern economy Explain how property…