Discussion 6: Negative Externality

Instructions:

• Describe a real example of a negative externality. In your post be sure to address the following:
  1. Define what a negative externality is
  2. Provide your example of a negative externality
  3. State any remedies (taxes, laws, negotiations, rules, etc.) that are in place to address this negative externality
  4. If there are none for #3 then state which remedy you recommend