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!

ECON MICRO
5th Edition
ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter3: Economic Decision Makers
Section: Chapter Questions
Problem 3.12P
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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!

2. What problems come with using command and control policies like regulations? talk about efficiency. use examples if needed.

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