Economic spillover, also referred to as an externality, is a cost or benefit that is created by an individual or a firm that also affects other parties in a way that is not captured by the price, or that spills over ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles