Explain how providing education to all children in grades K-12 provides external benefits to everyone in the community.

Q: For a mixed good with an external benefit, a free market would produce than than the marginal the…

A: 3) A mixed good with external benefit would be considered as a good having positive externality.

Q: Question 33 Which of the following makes it more likely that private solutions to externalities will…

A: The presence of externality leads to spill over costs or spill over benefits to the third party who…

Q: Why does the government have to get involved when an externality is present in the market?

A: Externality: It is a cost that arises because of a producer that is not incurred financially or…

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: How does providing education to students provide external benefits to everyone in the community.

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

Q: Why transaction cost has become the reason to solve an externality problem?

A: Externality is the negative or positive spillover by the consumer or producer which affects the…

Q: The Centers for Disease Control and Prevention estimates that every alcoholic drink consumed…

A: ‘Externality’ means the uncompensated impact of one person’s actions on well being of a bystander.…

Q: Why free-market environmentalism is not implemented?

A: Free market environmentalism would cause decrease in production of many firms.

Q: The weekly supply and demand for packs of cigarettes in the United States is given in the figure…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Is there a 'zero-externality' solution when it comes to poor air quality from pig farming, being the…

A: A negative externality takes place when the process of producing commodity results in harmful,…

Q: Relatives and friends whom the consumer trusts are known as sources of external information.

A: Relative and friends sometimes act as a source of external information.

Q: In what ways do company investments in research and development create positive externalities?

A: Answer: Positive externality refers to the positive impact on a party due to the actions of another…

Q: Possible methods for avoiding the externalities in a free-market economy?

A: An externality refers to the benefits or costs which are caused by yhe producers but are not…

Q: Which of the following is a positive externality from education? a.Better-educated people make…

A: Positive externalities are the beneficial side effects arise out of producing or consuming some…

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: 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: Should governments subsidize recycling programs if they are run at an economic loss? What types of…

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

Q: Show why we normally won’t want to pay what it would cost to eliminate every last bit of a negative…

A: Negative Externality: It is the cost that is incurred or suffered by the third person who is not…

Q: How external cost affect supply and demand

A: External cost:- These are those cost or benefits that effects a third party apart from buyer and…

Q: Unanswered • 2 attempts left Which of the below would probably NOT be classified as a negative…

A: option  c is  the correct answer wich is not classified in negative externality You forgot  to close…

Q: Identify a negative externality

A: Externality is the negative or positive spillover by the consumer or producer which affects the…

Q: In the graph above, what areas comprise the negative externality damage when the market is…

A: The externality is generated when a firm or an individual engages in an activity that affects the…

Q: How does government encourage positive externalities in the economy?

A: The situation in which either consumption or production of the goods/ services directly benefits the…

Q: Knowledge creates positive externality; therefore, governments should intervene in the education…

A: Positive externality occurs when the consumption or production of a good causes a benefit to a third…

Q: The result that, under certain conditions, government intervention is unnecessary to fix a negative…

A: Nash equilibrium-It is a solution to a game involving two or more players which provides the best…

Q: Option B. Explain how providing education to all children in grades K-12 provides external benefits…

A: I choose Option B  to solve K represents kindergarten and, 12 alludes to the succeeding 12 years of…

Q: Which of the following is an example of an activity that creates an external cost? i. a smoker…

A: Externality’ means the uncompensated impact of one person’s actions on well being of a bystander. If…

Q: If the production of a good yields a negative externality, then the social-cost curve lies ________…

A: Externality is the term refers the benefit enjoyed or cost suffered by the third party who did not…

Q: How can a corrective tax adjust costs to reflect externalities? What effects will a corrective tax…

A: A negative externality is a cost that is encountered by a third party because of an economic…

Q: Which of the following instruments is government most likely to apply when confronted with a…

A: Positive externality occurs when production or consumption results in external benefits on third…

Q: What is an externality? What are the possible remedies (private or government) to externalities?

A: An externality is a cost or benefit of an economic action that is experienced by a distinct third…

Q: Aside from pig farming, what other industries might be affected by the larger externality?

A: An externality is a cost or benefit developed by one party and affects the other party without being…

Q: Education is frequently cited as a source of external benefits. How?

A: External benefits : An external benefit is the benefit gained by an individual or firm as a result…

Q: Examples of element in the external environment

A: An external environment is made up of all the outside forces or pressures that affect how a company…

Q: Governments pursue various policies to remedy the inefficiencies caused by externalities.  List and…

A: The administration can react to externalities in different ways. They can use command-and-control…

Q: When an economy and government face negative externality, describe the cause of this problem and…

A: Meaning of Externalities: The term externality refers to the situation where the cost is incurred…