Let's see,
They charge more, so they take money out of the economy that could go to other things. I guess you could say they encourage people to search for reasonable alternatives in the form of...
An externality is an effect of a decision on a third party not taken into account by the decision maker. One example that comes to mind is a new business opening in an area. The decision of where to...
Cotton consumers, such as clothiers, pay less for cotton and generally speaking will make more profit. Cotton producers will get less money for their product, and generally speaking make less profit.