Give an example of a negative externality and a positive externality? Explain why market outcomes are inefficient in the presence of these externalities.

answer

watching

views

For unlimited access to Homework Help, a Homework+ subscription is required.

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

Anne Gillian DueroLv10

22 Oct 2020

Unlock all answers

Get 1 free homework help answer.

Already have an account? Log in

Related questions

Describe your understanding of externalities by providing an example of a positive externality and a negative externality.

redcamel374

Explain the difference between a positive and negative externality. In your analysis, make sure to provide an example of each type of externality. Why does the government need to get involved with externalities to bring about market efficiency? What solutions need to be provided for your examples?

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?

limescorpion632

Weekly leaderboard

Home

Homework Help 3,900,000

Economics 400,000

Give an example of a negative externality and a positive externality? Explain why market outcomes are inefficient in the presence of these externalities.

Unlock all answers

Related textbook solutions

Principles of Economics

Principles of Macroeconomics

Principles of Microeconomics

Related questions

Weekly leaderboard