IT IS A VERY GOOD IDEA TO INCREASE SEATS BY MANUPULATING THE SIDZE OF AN AREA/REGION.....

          IT IS A VERY GOOD IDEA TO INCREASE SEATS BY MANUPULATING THE SIDZE OF AN AREA/REGION , WHAT I FOUND THAT MONOPOLY LIKE CONTROL, LIKE CONTROL OVER BIG SIZE MIGHT WORK DOMINANTLY... SEATS IN PEARLMENT MUST BE INCREASED 1:2 ...

An externality is a positive or negative outcome of a given economic activity that affects a third party that is not directly related to that activity. Erosion and chemical runoff caused by building roads, which causes water pollution further downstream, is an example of a negative externality.

Types:

Positive Production Externality: When a firm's production activities benefit others, but the firm isn't compensated for those benefits.

Positive Consumption Externality: When an individual's consumption benefits others, but the individual isn't compensated for those benefits.

Market Failure:

Because the benefits of positive externalities are not fully captured by the market price, these activities may be underproduced or underconsumed, leading to market failure.

Solutions:

Governments can address market failures caused by positive externalities by providing subsidies, funding research, or implementing policies that encourage activities that generate positive externalities.

A positive externality is a benefit that an economic activity, like production or consumption, provides to a third party who is not directly involved in the transaction, creating a spillover effect that enhances overall societal well-being.

Here's a more detailed explanation:

Definition:

A positive externality occurs when the actions of one party (a producer or consumer) unintentionally benefit a third party who is not directly involved in the original transaction.

Examples:

Education: When someone receives an education, society benefits from a more skilled and knowledgeable workforce.

Vaccination: When individuals get vaccinated, they not only protect themselves but also contribute to herd immunity, reducing the spread of diseases to others.

Beekeeping: A beekeeper's activity of keeping bees for honey production has the positive externality of pollinating plants, which benefits the entire ecosystem.

Research and Development (R&D): A company's R&D efforts can lead to new technologies or knowledge that benefits society as a whole, even if other companies don't directly benefit from the research.

Green Spaces: Parks and green spaces provide a positive externality by improving air quality and providing recreational opportunities for everyone.

iTS A PENCH IT THINK... WE CANNOT MANIPULATE OR BE MANIPULATED IN DECIDING SEATS IN THE PEARLMENT... WHAT IS THE WAY TO MANIPULATE OR MANAGE SEATS KEEPING POPULATION IN MIND , WHAT IS THE CORRELATION... EXCEPTING DIVIDE... INDIA'S POPULATION/NO OF SEATS IN PEARLMENT, BUT THAT DOESNT MAKE A DIRECT CONNECT, THOUGH ONLY INDIRECTLY.