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Suppose a local coffee shop in the downtown area decides to purchase a neighboring abandoned lot and convert it into a garden area with outdoor

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Suppose a local coffee shop in the downtown area decides to purchase a neighboring abandoned lot and convert it into a garden area with outdoor seating. (a) Does this decision create an externality? If so, what kind? (b) In response to the lack of effort on the part of businesses to renovate the downtown area, city council members to take action. What are some ways that the city government could promote this kind of revival? Edit View Insert Format Tools Table 12pt \\ Paragraph B I U A Q TV V

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