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What are some negative or positive externalities the automotive industry produces?
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.
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What are positive and negative externalities?
a positive outcome, and a negative outcome
What is government's role in controlling externalities in the American economy?
Government tries to encourage positive externalities and limit negative externalities..
What is government's role in controlling externalizes in the American economy?
Government tries to encourage positive externalities and limit negative externalities..
For the housing industry what are the positive and negative externalities?
Just a few external factors include: An aging population; Innovation; Going Green trend; and Global competitors
Positive externalities in the automobile industry?
supply and demand, NAFTA, over seas competition
