Question;Describe your understanding of externalities by providing an;example of a positive externality and a negative externality.;Why do positive and negative externalities lead to inefficiency in;the market economy?;How can externalities be addressed using the private sector to;reduce market distortions of externalities?;What;government policies help deal with positive and negative externalities by;reducing inefficiency?
Paper#57024 | Written in 18-Jul-2015Price : $19