Give an example of a negative externality that you have witnessed or are personally aware of. Who is affected by this?  What can be done to improve the situation?

Q: e the nature of t

A: An externality is a cost or benefit being caused by a producer which is not either financially…

Q: Discuss the negative externalities associated with effects of the Covid-19. For example, if someone…

A: Covid 19 had impacted lives of one and many. Many things got changed as due to number of…

Q: Reflect on the causes for the transitions in U.S. history from one type of environmental policy to…

A: Environmental economics is the study of the economics of environmental protection and the economic…

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: Efficiency in the presence of externalities

A: Efficiency cannot be achieved in the presence of externalities. Because in externalities someone is…

Q: Which of the following is an example of a positive externality? A. Pollution from a factory B. Noise…

A: Externalities are unintended side effects of economic activities that affect third parties not…

Q: How do natural disasters affect local economics?

A: Natural disasters refer to the occurrence of disasters due to nature. This means the occurrence of…

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: Uses of public market

A:

Q: How does providing education to students provide external benefits to everyone in the community.

A: Externalities are the harmful or beneficial side effects arise out of production or consumption of…

Q: How would the owner respond to the negative externality caused by smokers?

A: Extranlity is defined as an external effect on others when one consumes or produces something.

Q: Which of the following represents a social benefit? Group of answer choices The satisfaction of…

A: Externality: - it is a cost or benefit generated for the third party by the actions of other people.

Q: Explain why economists might say that the market for higher education demonstrates externalities and…

A: Higher education when attained by students,gives rise to employment. Therefore according to…

Q: What causes market failure when there is marine pollution.

A: Market failure takes place when the allocation of services and items by a free market is…

Q: Many restaurants have chosen not to serve shark fin soup, while many others continue to serve it.…

A: Due to growing Western disapproval and a crackdown on corruption and extravagant consumption, shark…

Q: Why free-market environmentalism is not implemented?

A: Free market environmentalism would cause decrease in production of many firms.

Q: Government raises it's expenditure on producing public goods. Which economic value does it reflect?…

A: # The goods which are available to all the public without any motive of Profits are public goods.

Q: An externality Select one: a. all answers are correct b. arises when property rights don’t exist or…

A: An externality is the external cost or external benefit incurred or received by an individual who is…

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: 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: What assumptions do economists make? Why does each assumption matter in environmental economics?

A: Economics: It is related to the production, distribution, and consumption of goods and services.

Q: Having an outdoor arena that will host country music concerts a half-mile from your neighborhood…

A: The benefit or cost that is imposed on a third party is not incorporated into the final cost is…

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: Graph the price of donuts before and after the negative externality impacted the price of donuts in…

A: If the consumption of a thing cost the third party who is not directly involved in the market…

Q: How can the Evaluation of Public Projects be done?

A: The public projects brings benefits to the public, having aimed towards public well-being and its…

Q: Which organization was created in 1991 to provide grants for global environment projects?  Group of…

A: Helping nations to work on the supportability of ensured region frameworks, for example, public…