Welcome to the 1520 Perfect Dictionary
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| Externality (2) | |
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| EXTERNALITY (2) Definition: In economics, an externality is the cost or benefit that affects a party who did not choose to incur that cost or benefit. ______________________________________________________________________ * All nine elements should be in. 1. Could not have been planned or wished for. 2. Economy would be a strong or stable one. 3. Market forces would be fully at play. 4. Accounting and book-keeping OK. 5. Cost or benefit sure affordable... no refund or recall occurs. That is, economies of scale, employee concern, opportunity cost, return on investment, profit-sharing, price war, etc., etc. won't lead to a business coming under administration or the collapse of business enterprise. 6. Legal obligations fulfilled therein. 7. Corporate governance of best quality. 8. Party involved won't regret the outcome. 9. Cost or benefit is specific and measurable. __ Booming times ? NO COMPLAINTS. Busting times ! NO PROTESTING. | |
1520 Products |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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 1520 Sex Game |
 1520 Puzzles |
 1520 Marriage Game |