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Seinfeld Economics: The Good Samaritan

by Linda Ghent

An externality is a situation in which the private costs or benefits to the producers or purchasers of a good or service differs from the total social costs or benefits entailed in its production and consumption. An externality exists whenever one individual's actions affect the well-being of another individual -- whether for the better (positive externality) or for the worse (negative externality).


Seinfeld: The Good Samaritan

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Mary Hart's voice causes Kramer to go into seizures.

from Seinfeld, Season 3 (1992)
Creator: Larry David & Jerry Seinfeld
Posted by Linda Ghent