Choose a good or service that you would like to see the government provide more funding towards. 1. Explain how this good or service might be considered a public good.  2. Explain how this good or service might be an example of a positive externality problem.

Q: Choose a program or service that is provided by government.  Try to choose a unique example that has…

A: The above questions have been answered below.

Q: Please indicate which of the following is or is not a public good: 1. A public swimming pool at the…

A: Types of Goods: Economics often describes goods by whether they are excludable or rivalrous. Being…

Q: An externality has marginal benefits MB = 24 - 2q, marginal social benefits MSB = 24 - q and…

A: A positive externality occurs when the production and consumption of a good / service benefits a…

Q: Smokers impose negative externalities on non-smokers. Suppose the airspace in a restaurant is a…

A: If a manufacturing process has an adverse influence on unspecified third parties this is known as a…

Q: Explain the factors affecting Demand.

A: "Since you have asked multiple questions, we will answer only first question for you. If you have…

Q: Which of the following is a reason why private solutions are often ineffective at remedying…

A: Private decisions related to the production and consumption can result to inefficient allocations.…

Q: A)  Using demand and supply diagram, describe and discuss positive externality in production of a…

A: Prices in efficient markets represent all available information about a certain stock or industry at…

Q: A) Will a private firm have any incentive to produce and sell a public good? Please give an…

A:

Q: Which of the following is true about the private solutions to the externality ? Group of answer…

A: The question is asking us to identify the correct statement about the private solutions to the…

Q: Consider a market with a positive externality. The market will tend to.... the good because the…

A: An externality is a cost or benefit that affects a party who did not choose to incur that cost or…

Q: 38. Negative externalities are also called a. positive externalities. b. external benefits. c.…

A: Externalities is the impact of action happening between two parties on some other third party.

Q: please answer the following questions. 1. Define positive and negative externalities. List 3…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: #1AB & #2AB

A: 1)a) Negative Externality: These are the costs to the society like pollution etc and hence should be…

Q: An externality is Select one: a. the uncompensated impact of one person's actions on the well-being…

A: There is cost and benefit associated with every activity.

Q: 38. Negative externalities are also called a. positive externalities. b. external benefits. c.…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: A way to equate marginal social cost and marginal private cost to eliminate externalities would be

A: Marginal Social Cost (MSC)  refers to the additional cost imposed on society as a whole when an…

Q: generated in a good production process, the main issue will be:   a.     That consumers will be…

A: Externality is a situation when the third party is affected by the production or consumption of a…

Q: Which of the following is a positive externality?

A: Positive externality is the externality which impacts the society positively.  It occurs when the…

Q: A) Using demand and supply diagram, describe and discuss positive externality in production of a…

A: Positive externality of production refers to a case where the third party enjoys the spillover…

Q: QUESTION 4: Explain the meaning of positive and negative externality. Discuss the market failure…

A: In a market, the term externality is used to explain the action of one individual on other…

Q: Just answer true or false 1. Mining has negative externalities

A: (Since you have asked many questions, we will solve the first one for you. If you want any specific…

Q: The market works efficiently in the absence of externalities if the good is   a rival and…

A: The externality is defined as the cost or benefit that is unrelated to the third party involved. It…

Q: TYRES private + social cost S1 Price S private cost NEGATIVE TAX/FINE EXTERNALITY P1 D Q1 Quantity

A: In a market, externality refers to the additional cost or benefits to the third party or enviornment…

Q: Which statement is a positive externality? O Edwin has dozens of dogs that dig holes in your yard to…

A: Positive externality refers to a benefit that is obtained by third parties from the production or…

Q: 1. When a production externality has a beneficial effect on a bystander at the market equilibrium…

A: Microeconomics refers to the branch of economics in which they deal with the individual instead of…

Q: List some of the ways that the problems caused by externalities can be solved without government…

A: An externality is a cost or benefit that a producer incurs or receives but does not bear or pay for.…

Q: Describe one function of government in the economy other than correcting externalities. Provide an…

A: An effective government promotes stability and fosters an atmosphere that is favorable for corporate…

Q: Describe a situation where you experienced a positive or negative externality or free-riding by you…

A: Externality refers to the cost or benefit that is incurs by a third person or group that is not…