In about two paragraphs, please explain the meaning of the term externality in relation to corporations....
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In about two paragraphs, please explain the meaning of the term "externality" in relation to corporations. Be sure to use a general or specific example to illustrate your point. When and how did corporations acquire the status of "legal persons"? What is the significance of this status? How does it benefit corporations? Please explain in about two paragraphs. In about two paragraphs, please explain the meaning of the term "externality" in relation to corporations. Be sure to use a general or specific example to illustrate your point. When and how did corporations acquire the status of "legal persons"? What is the significance of this status? How does it benefit corporations? Please explain in about two paragraphs.
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Externality in the context of corporations refers to the unintended side effects of a companys actio... View the full answer
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
Posted Date:
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