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1. identify some positive externality (something other than immunizations) and explain why they are positive. Thoroughly explain in paragraph form 2. Identify some negative externalities

1. identify some positive externality (something other than immunizations) and explain why they are positive. Thoroughly explain in paragraph form

2. Identify some negative externalities (besides smoking) and explain why they are negative. Thoroughly explain in paragraph form

3. Pick either a positive or negative externality based on two attached exhibits and thoroughly explain in paragraph form.

EXHIBIT 2.26 Negative Consumption External- ity P, MC MPC Y Tax Z MPB MSB Q.

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