QUESTION 9 Which of the following can be concluded from the information presented in the graph? PRICE OF EDUCATION Marginal Social Cost Marginal Social Benefit Marginal Private Benefit QUANTITY OF EDUCATION 1. Consumption of education has a positive externality. imod in a privato market is less than the socially optimal amount

These two situations have arisen: Agricultural technologies become available that if used reduce adverse effects fromfarming on environmental quality   Water from a uranium mine is leaking into Kakadu NationalPark   For each case you are to identify possible external effects that might occur and explain the conditions that would need to exist, and what the government or the affected parties could do, to change these negative situations for the betterment of one or both parties?

D Question 7 Noise generated by an airport best illustrates.  market power. overproduction of private goods. an externality. an inequity.

Pls solve Up 1 to 4

Part d-g

A small business produces and sells balls. The fixed costs are $20 and each ball costs $2.92 to produce. Each ball sells for $7.92. Write the equations for the total cost, C, and the revenue, R, then use the graphing method to determine how many balls must be sold to break even.

Next question Which of the following is an example of a positive externality? A. A lower inflation rate would benefit most consumers. B. Compulsory flu shots for all students prevents the spread of illness in the general public. C. Promoting generic drugs would benefit people. D. Singapore has adopted a comprehensive savings plan for all workers known as the Central Provident Fund.

riants/950243/take/17/ MULTIPLE CHOICE Question 16 Jason lives near the county fairgrounds. Every year when the fair is open, the traffic on his street is terrible, the lights and noise from the fair keep him awake at night, and the odors from the animal barns reach his property. What is Jason experiencing? A B C non-rivalrous externality. exclusive externality positive externality D negative externality 555555558. రరరరరరరరరరరరరం-ర 7 Total Questions Answered All Changes Saved < @ ☆ ☆ *@*** Conti

An externality occurs in a market when Oa third party is impacted by a market activity Oexternal factors cause a market's price to rise Othe government regulates a market Onatural disasters negatively impact a market

Externalities - Definition and examples An externality arises when a firm or person engages in an activity that affects the wellbeing of a third party, yet neither pays nor receives any compensation for that effect. If the impact on the third party is adverse, it is called a ___________ externality.   The following graph shows the demand and supply curves for a good with this type of externality. The dashed drop lines on the graph reflect the market equilibrium price and quantity for this good.