For an externality to exist who must receive benefits from childcare?

Expert Solution

Externality is a situation when the third party receives the benefit of an economic transaction between two people. if there is childcare in the market then the person having a child and with it the whole society shold benefit from a better child care assuming this will make a healthier and smarter child.

So, for the externality to exist, the third person should exist in the market. for example whole society.

Rahul Sunny answered 2 years ago

1) Who benefits from price discrimination? In order for price discrimination to work producers must be...

1) Who benefits from price discrimination? In order for price discrimination to work producers must be able to do what? 2) Describe your plan to reduce asymetric information in buying a house, car, insurance policy or choosing a college to apply to. 3) What are the benefits and shortcomings of Monopoly? Need help with these 3 questions.

Benefits and Cost of Mergers: Who usually benefits from a merger? Who usually loses in a...

Benefits and Cost of Mergers: Who usually benefits from a merger? Who usually loses in a merger?

Question 1 A. Define an externality. B. Distinguish a negative externality from a positive externality, and...

Question 1 A. Define an externality. B. Distinguish a negative externality from a positive externality, and give one example of each. C. What is meant by a production externality as opposed to a consumption externality? D. Give one example of a negative production externality and one of a positive consumption externality.

Retirement benefits: who is entitled to them, must they be taken, are there potential tax implications.?

Question 1 Define an externality. Distinguish a negative externality from a positive externality, and give one...

Question 1 Define an externality. Distinguish a negative externality from a positive externality, and give one example of each. What is meant by a production externality as opposed to a consumption externality? Give one example of a negative production externality and one of a positive consumption externality.

what are the characteristics of,and who benefits from a well_run exchange?

Who benefits from a tariff or quota? Who loses? What are the positives and negatives of...

Who benefits from a tariff or quota? Who loses? What are the positives and negatives of protectionist trade policies? Which policy is best right now?

What are the four conditions that must exist for the free enterprise system to exist? What...

What are the four conditions that must exist for the free enterprise system to exist? What are the implications of the relationship between supply and demand?

Describe who benefits and who loses from tariffs and from quotas. What is the major difference between...

Describe who benefits and who loses from tariffs and from quotas. What is the major difference between the effects of a quota and the effects of a tariff?

You receive a gift of $35,000 from an uncle, but under the conditions that you must...

You receive a gift of $35,000 from an uncle, but under the conditions that you must be married and buying your first house to use it. You figure that will be at least 10 years from now. How much money will you have from saving this gift at 8% for 10 tears?

Question