Question
List three examples of negative externalities and three examples of positive externalities, and for each externality, identify the missing market or markets that are responsible
List three examples of negative externalities and three examples of positive externalities, and for each externality, identify the missing market or markets that are responsible for the externality. Would it be possible to create such a market? How?
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Externalities are economic consequences falling upon a third party The externalities may be positive or negative The externalities can be found in production and consumption of a good Positive externa...
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Microeconomics
Authors: David Besanko, Ronald Braeutigam
5th edition
1118572270, 978-1118799062, 1118799062, 978-1118572276
