Negative externalities lead markets to produce a larger quantiy than is socially desirable. Positive externatlities lead markets to porduce a smaller quantity than is social desirable. To remedy the problem, the government can internalize the externality by taxing goods that have negative externalities and susidizing good that have positive externalities.
a positive outcome, and a negative outcome
Government tries to encourage positive externalities and limit negative externalities..
Government tries to encourage positive externalities and limit negative externalities..
Just a few external factors include: An aging population; Innovation; Going Green trend; and Global competitors
supply and demand, NAFTA, over seas competition
a positive outcome, and a negative outcome
Government tries to encourage positive externalities and limit negative externalities..
Government tries to encourage positive externalities and limit negative externalities..
Only the private sector can create both positive and negative externalities.
you bet
In economics, there are positive an negative externalities. Positive externalities are like positive side effects on the community after an economic decision like: congress puts more funds into schooling, students learn more, they graduate, and then they DON'T mess up the economy. See? Better for everyone. Oh yeah, and the opposite for Negative Externalities.
Government tries to encourage positive externalities and limit negative externalities..
Government tries to encourage positive externalities and limit negative externalities..
Just a few external factors include: An aging population; Innovation; Going Green trend; and Global competitors
supply and demand, NAFTA, over seas competition
Thanks foir you assistance with this class question.
what are the positive and negative effects of globalization to hopitality industry?