MICROECONOMICS (LL)-W/ACCESS >CUSTOM<
MICROECONOMICS (LL)-W/ACCESS >CUSTOM<
11th Edition
ISBN: 9781264207718
Author: Colander
Publisher: MCG CUSTOM
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Chapter 8.1, Problem 2Q
To determine

Impact of positive externality on working of a market.

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Students have asked these similar questions
If there are no externalities or market power and all markets are in equilibrium, what conclusions can we draw from this in economic theory?
What is an externality? Provide two examples each of positive and negative externalities.
why do externalities make market outcomes inefficient?

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