According to the digital media company Captivate Network, employees viewing the 2012 Olympics instead of working caused

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According to the digital media company Captivate Network, employees viewing the 2012 Olympics instead of working caused a $1.38 billion loss in productivity for U.S. companies. Is this productivity loss an example of a negative externality? Explain.

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Microeconomics Theory and Applications with Calculus

ISBN: 978-0133019933

3rd edition

Authors: Jeffrey M. Perloff

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Question Posted: Dec 29, 2017 01:06 AM

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According to the digital media company Captivate Network, employees viewing the 2012 Olympics instead of working caused

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An externality occurs when a persons wellbeing or a firms production capability is directly a...View the full answer

Microeconomics Theory and Applications with Calculus

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