Principles of Microeconomics
7th Edition
ISBN: 9781305156050
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Chapter 11, Problem 1QR
To determine
Excludable goods and rival in consumption.
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Explain what is meant by a good being "excludable." Explain what is meant by a good being "rival in consumption." Is a slice of pizza excludable? Is it rival in consumption?
From CNN what news article represents an issue ragards to Externalities or that can be realted to externalities? Cite at least one source (News Article, Video, etc.) for any data.
Explain:
What is the Economic issue? (Describe the issue)
What is the connection to Externalities? (positive, negative, policy) (Use Math, Graph or data to explain or support your idea)
Explain how this affects the Economy (individual, industry, national or global)
What is externality?
Chapter 11 Solutions
Principles of Microeconomics
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