please answer the following questions. 1. Define positive and negative externalities. List 3 positive and 3 negative externalities that you created. List 3 positive and 3 negative externalities that have been imposed on you. You should have a total of 12!

Q: Which one of the foolowing is the phenomenon which is being noticed here?

A: The social networking websites has seen a huge inclination of the user count in recent 5 years,…

Q: Which of the following is an example of an externality? a. a flu shot that prevents a student from…

A: An externality can be defined as a cost or benefit that arises when goods or services are being…

Q: Part II. Discuss the Characteristics of Market Failures and give a scenario to illustrate the…

A: A market failure is defined as an economic situation characterised by inefficient distribution of…

Q: Which of the following is the best example of a public good in a classroom? Select one: a. anything…

A: A good that is both non rivalrous and is also non-excludable is known as public good. Users in turn…

Q: The south African government develops targets that pertain to healthcare and education. Which of the…

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

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: 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: Which of the following is referred to as a negative externality of smoking cigarettes?  A. the…

A: When the production or consumption of a certain good or service has an impact on a third party who…

Q: An externality is the impact of: a. None of the answers is correct. b. one person’s…

A: An externality is a market distortion that creates inefficiencies in the market outcome. It is the…

Q: A product that exhibits positive externalities will usually Question 12Select one: a. provide only…

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

Q: Describe in your own words what you think is meant by the term sustainability. List three ways that…

A: People often use sustainable development and sustainability interchangeably as they look quite…

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: 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: Presently, there is a major conference in Glasgow Scotland regarding climate change, neither the…

A: Introduction: A climate meeting/environment gathering that will help with choosing how warm the…

Q: excludability 3. What are the four types of goods? Explain using characteristics such as and…

A: Excludability : It is defined when a consumer can be restricted from consuming a product, it can be…

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: The optimal level of output can be achieved by levying a tax on a company producing a negative…

A: Negative externalities are negative side effects of economic activities that are not captured by the…

Q: In terms of pig farming, how you deal with the least threatening externality if you had the power?

A: Manure lagoon is the artificial earthen-basin that is filled with animal waste produces from animal…

Q: If a good is produced with negative externalities: A. private cost will be equal to social costs B.…

A: Negative externality exists when production and consumption have adverse impact on the third party.…

Q: Externalities Application-no credit given for answers based outside of course sources Part 2 (16…

A: It appears that the graph you mentioned shows Seher City's supply and demand curve for potatoes. The…

Q: Which of the following statements about externalities is correct? a. Education is the standard…

A: (H) All statements are incorrect.

Q: What is true with market failure?  A. the market becomes more efficient in allocating the resources…

A: Market failure occurs when market fails to produce socially efficient level of output.

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: QUESTION 12 Which of the following is used to correct externalities? a. printing money b. interest…

A: The correct answer is:c. regulationRegulation is used to correct externalities. Externalities are…

Q: Think of two ways the government affects life, one you perceive as positive and one you perceive as…

A: Regulators, taxation, and subsidies are all used by the government to address market…

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: 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: Carefully explain the terms 'non-rivalry' and 'non-excludability'. Provide an example of a good with…

A: Non-excludability means that no individual can be excluded from using the goods and non-rivalry…

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: Discuss two ideas on how environmental challenges can create business opportunities. use your words

A: We are in the phase of a constantly changing environment. The population in the world is rising at a…

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: What is a resource that you share with your family or neighbors? Is it being over-consumed? And if…

A: We all live in a society, where we share many things to live life peacefully and happily. Our…

Q: How does the plastic pollute the environment in Bangladesh during the year 2018-2022. Detail…

A: Plastic Pollution: refers to the environmental issue caused by the accumulation of plastics waste in…

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: Think of one environmental problem that you would like to see solved. From what you’ve learned about…

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

Q: Problem 1 The following problems require the use of the blank graph below. Make sure that you are…

A: Government can put taxes for negative externalities and subsidies for positive externalities. Also,…

Q: Solve it correctly

A: Externality When some of the benefits or costs of producing or consuming a good or service fall on…

Q: What are externalities? How do they create a less than optional level of production in society?…

A:

Q: In response to increasing concern about man made climate change, there have been a number of policy…

A: The problem of environmental degradation occurs (pollution) due to the human economic activities and…