As a result, there are differences between private returns or costs and the returns or costs to society as a whole. In the case of pollution—the traditional example of a negative externality—a ...
The real-time price of Brent crude oil is at $71.60 per barrel, and the price of WTI crude oil is at $67.73 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...