externalities

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: what are some proms and cons of being an environmental economist?

A: Environmental economists supervise the economic analysis which is linked to environmental protection…

Q: Efficiency in the presence of externalities

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

Q: What are Externalities? What some strategies the Government may use to address both positive and…

A: An externality refers to the unintended cost or benefit of an economic activity on a third party…

Q: Why do economists care about positive externalities?

A: The externalities are the additional costs or benefits experienced by the person who is not a part…

Q: What are externalities; and how the government can fix it

A: Externalities allude to the unintended or spillover impacts of an economic movement or decision on…

Q: Which externality is the most threatening when it comes to pig farming?

A: An externality is an act where the third party gets affected by the transaction (production or…

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: 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: Why do external diseconomies exist

A: Only when economies of scale are no longer in effect for a certain firm or industry do diseconomies…

Q: What is the main rationale behind marketable pollution permits?

A: Emissions trading or cap and trade is a market-based approach that is used by government to control…

Q: Externalties are when ?

A: Externalities pose fundamental economic policy issues when individuals, households, and businesses…

Q: Suppose the supply curve of a product is given by P = 5 + 0.1Q, where P is the daily rent per unit…

A: The supply curve may be a graph that shows the connection between the price of a trade goods or…

Q: Give four (4) economic activities that generate both positive and negative externalities

A: An externality is a positive or negative side effect of production or consumption in economics. It…

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: Discuss negative externality its causes and possible solutions

A: Negative Externalities refers to the cost of consuming a good borne by the third party who is not…

Q: In the presence of positive externalities, producers may need a subsidy in order to produce the…

A: "Positive externalities occurs if production or consumption of a commodity benefits the third party…

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: Can you think of a reason why making cars safer would create negative externalities?

A: Negative externalities happen when production and consumption place external costs on non-market…

Q: Which of the following is likely to generate a negative externality? O Planting a tree O Working for…

A: Negative externality: A cost incurred by a third party as a result of an economic transaction that…

Q: Give an example of a negative externality that you have witnessed or are personally aware of. Who is…

A: One day, one of my neighbors was smoking in a public park with kids around. His smoking was…

Q: The figure below shows the market for water-skiing permits on Shuswap Lake in British Columbia.…

A: The production of goods that are well consumed by people in society. However, the production process…

Q: Describe aspects of environmental economics and ecological economics

A: Economics is a social It looks into how individuals, businesses, governments, and countries decide…

Q: A positive externality is basically pollution generated by private firms.

A: An externality can be positive or negative. It can be caused by a manufacturer/ firm or many other…

Q: Quantity efer to the provided supply and demand graph for a product. In the graph, line One solution…

A: Negative externality is an imperfect market situation where the socially desirable cost, price and…

Q: The market for plasticans is perfectly competitive. Market Supply is given by Q=2P and Market Demand…

A: Supply is the quantity that a producer or seller manufacture to sell in the market for consumption…

Q: How do economists determine the optimal amount of pollution control?

A: In economics, marginal benefit and marginal cost are two important concepts, which determine the…

Q: negative externality and positive externality means what and what is an example of each.

A: The advantageous consequences of an economic activity that are felt by parties not directly involved…

Q: How can the government solve this externality problem? Explain in detail.

A: When markets are functioning well, all the prices and benefits of a transaction for a decent or…

Q: What is two external costs and two external benefits of the transportation.

A: A person, company, or group incurs an external expense as a consequence of an economic activity in…

Q: Draw a graph of water pollution as a negative externality and explain it

A: An economy wanted to produce maximum number of goods in a short time frame. It makes the producers…

Q: Why has supply and demand failed to prevent pollution

A: Supply: It refers to the goods and services available in the market for the people's purchase. The…

Q: Using deforestation as an example explain negative externalities

A: Negative externalities may be prevented by charging products and services that cause spill over…

Q: draw a graph of a product without any externality

A: An adverse effect or result of a certain economic operation or transaction that has an impact on…

Q: What are the proposal's potential positive and negative externalities?

A: A cost or benefit incurred or received by a producer that is not incurred or received financially by…