Microeconomics

1. Social Benet and Social Cost For the following statements: (1) identify if there is an externality or not; If yes, (2) classify them as: positive or negative; (3) If the externality happens during the consumption or production of the good; and, finally7 (4) draw a graph with the marginal private and social benet and the marginal private and social cost. Driving a nonelectriccar generates carbon dioxide emissions. (a (b ) ) Getting a good education improves your productivity. (c) Developing opensource software makes new tools available for developers. ( ) ) d (e A person is blasting music on the subway. A Youtuber makes loud noises in the middle of the night while recording videos