Economics by https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg Write an example of an external benefit and an external cost resulting from a business decision. en-us 2021-08-03 03:10:31 UTC 2021-08-17 13:44:25 UTC hello@padlet.com New energy Plant https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681792199 Scarce blackouts and the society being supplied electricity will be profitable and efficient but will highly contribute to CO2 emission and worsen the average health status of the society
Hemesh Kumar

]]> 2021-08-17 07:33:38 UTC https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681792199 External Benefits: Taking a bus reduces congestion on a road .External Cost: when people buy fuel for a car, they pay for the production of that fuel (an internal cost), but not for the costs of burning that fuel, such as air pollution. mustafamzeeshan https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681792653 Mustafa]]> 2021-08-17 07:34:05 UTC https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681792653 Nuclear power 179257tcs https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681792834 As the external benefit for it is that it can create electricity 
External cost is that it is expensive and its wave can be dangerous as it cause cancer

By muhammad momin ali ]]> 2021-08-17 07:34:15 UTC https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681792834 Usage of drugs 179257tcs https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681794359 Like usage of drugs by hospital to treat patients is also an example of positive externalities but there is negative externalities Example: Simvastatin is one of the approved drugs for treating high cholesterol and reducing the risk of stroke It also have negative impact like it can cause muscle break down.

By muhammad momin ali]]> 2021-08-17 07:35:43 UTC https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681794359 foodpanda https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681794974 its make work easier and more orders means more employment for the people as delivery guy

more orders can also increase use of petrol and increase of pollution




-Momin Rizwan]]> 2021-08-17 07:36:19 UTC https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681794974 APPLE https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681797971 Selling all apple products with  higher price leads to higher profit which is internal benefits. And consumer purchasing apple products can add class and value to their lives which is external benefit.
AREESH ALI]]> 2021-08-17 07:39:25 UTC https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681797971 Ahmed Waseem https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681798586
  • Cycling to work helps to reduce the level of pollution and congestion. Therefore other road users have quicker journey times and help to reduce the level of pollution.
  • Reduced risk of transferring disease. If you get vaccinated, the personal benefit is your own reduction in risk of disease. However, if you are inoculated there is also an external benefit – other people in society are less likely to be infected because you are healthy.

    • ]]>     2021-08-17 07:39:55 UTC https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681798586     food panda https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681799516 provide goods to customers quickly but it increases CO2 emission due to delivery riders, ruin local businesses and people become obese as they get everything at home lowering avg health status
    Hemesh Kumar]]>     2021-08-17 07:40:49 UTC https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681799516     Oil 179257tcs https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681799786 The oil may work as a fuel for different industries but it's pollutant are poisoning communities and increased risk of cancer and respiratory disease 
    By muhammad momin ali ]]>     2021-08-17 07:41:07 UTC https://padlet.com/maaheenashraf/l3l2kqtzojvfg0vg/wish/1681799786