a positive outcome, and a negative outcome
Government tries to encourage positive externalities and limit negative externalities..
Negative externalities lead markets to produce a larger quantiy than is socially desirable. Positive externatlities lead markets to porduce a smaller quantity than is social desirable. To remedy the problem, the government can internalize the externality by taxing goods that have negative externalities and susidizing good that have positive externalities.
Government tries to encourage positive externalities and limit negative externalities..
Externalities is a result of a certain set of things that happen in our world that impact people in either a positive or a negative way. Such as the pollution that some factories emit during the production process. The pollution emitted is a negative externality that effects the people.
when there has been a market failure
Government tries to encourage positive externalities and limit negative externalities..
Government tries to encourage positive externalities and limit negative externalities..
you bet
Only the private sector can create both positive and negative externalities.
Negative externalities lead markets to produce a larger quantiy than is socially desirable. Positive externatlities lead markets to porduce a smaller quantity than is social desirable. To remedy the problem, the government can internalize the externality by taxing goods that have negative externalities and susidizing good that have positive externalities.
In economics, there are positive an negative externalities. Positive externalities are like positive side effects on the community after an economic decision like: congress puts more funds into schooling, students learn more, they graduate, and then they DON'T mess up the economy. See? Better for everyone. Oh yeah, and the opposite for Negative Externalities.
Externalities can have both positive and negative impacts on communities. Positive externalities can lead to benefits like cleaner air from a neighbor planting trees. Negative externalities can cause harm, such as pollution from a nearby factory affecting community health. It's important for communities to consider how externalities can shape their well-being and work towards policies that mitigate negative impacts.
Government tries to encourage positive externalities and limit negative externalities..
Government tries to encourage positive externalities and limit negative externalities..
Alcohol has negative externalities because it has the capacity to cause health problems
Externalities is a result of a certain set of things that happen in our world that impact people in either a positive or a negative way. Such as the pollution that some factories emit during the production process. The pollution emitted is a negative externality that effects the people.
governmet intervention like tax or legal permits may help