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If a market generates a negative externality the social cost curve is above the supply curve true or false?
true
Is a change in technology a negative or positive externality?
It can be both. Negative if the organization does not keep up with advancements in technology, a positive if it does. This is one reason why organizations must collect, analyze, and act on all internal and external environmental forces.
What is negative externalities?
From Wikipedia article titled "Externality":There are a number of potential means of improving overall social utility when externalities are involved. The market-driven approach to correcting externalities is to "internalize" third party costs and benefits, for example, by requiring a polluter to repair any damage caused. But, in many cases internalizing costs or benefits is not feasible, especially if the true monetary values cannot be determined.
What is a negative - positive?
Negative * positive = negative Positive * positive = positive Negative * negative = positive
Does a negative plus a negative equal a postive?
No, a negative plus a negative is a negative
