Naval on Smash Notes

Externalities: Calculating the Hidden Costs of Products


Externalities let you account for the true cost of products by including hidden costs like environmental damage. • Pricing externalities properly is more effective than feel-good measures 0:32 • Properly pricing externalities can save resources in a tremendous way 1:10 Transcript:

Episode notes last updated on August 01, 2019 16:04


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