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Today I am going to be teaching you about Positive Externality
Lets start with the basics, Positive Externality is a benefit of production or consumption that falls on someone other than the producer or the consumer
Lets look at an example
A gardener and a beekeeper are an excellent example of positive externality
A gardener who grows flowers provides benefits for the beekeeper
The beekeeper himself doesn't earn anything but the bees get a great source of nectar which helps make honey
That's it, thanks for reading and I hope you learned about positive externality