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..
you bet
Only the private sector can create both positive and negative externalities.
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.
Externalities can have both positive and negative impacts on communities. Positive externalities can lead to benefits like cleaner air from a neighbor planting trees. Negative externalities can cause harm, such as pollution from a nearby factory affecting community health. It's important for communities to consider how externalities can shape their well-being and work towards policies that mitigate negative impacts.
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.