Difference between Technological Externalities and Pecuniary Externalities
This article will help you to learn about the difference between Technological Externalities and Pecuniary Externalities. Difference between Technological Externalities and Pecuniary Externalities The terms themselves suggest the nature of external effects. In the former case, the production function of the producer experiencing external effects, are changed as a result of the action of the producer creating those effects. In [...]