18.Identify whether the following schenarios describe positive or negative externalites or neither.A. Positive ExternalitiesB. NeitherC. Negative Externalities1. Pollutants into the river ruin the fishing for your town2. The city renovates a run down neighborhood next to yours3. The price of potatoes rises due to bad weather

Externality occurs when actions of one party affects the well being of other. It leads to external…

Identify whether the following schenarios describe positive A. Positive Externalities B. Neither C. Negative Externalities n. n. 1. Pollutants into the river ruin the fishing for your 2. The city renovates a run down neighborhood nex 3. The price of potatoes rises due to bad weather

Identify whether the following schenarios describe positive A. Positive Externalities B. Neither C. Negative Externalities n. n. 1. Pollutants into the river ruin the fishing for your 2. The city renovates a run down neighborhood nex 3. The price of potatoes rises due to bad weather

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter8: Market Failure

Section: Chapter Questions

Problem 1P

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Question

18.
Identify whether the following schenarios describe positive or negative externalites or neither.
A. Positive Externalities
B. Neither
C. Negative Externalities
1. Pollutants into the river ruin the fishing for your town
2. The city renovates a run down neighborhood next to yours
3. The price of potatoes rises due to bad weather

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