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mikey
if an action results in negative externalities/costs, the the market?
a) price is below the optimal (ideal) price in society
b) price is above the optimal price in society
c) supply curve is too low
d) quality is too low
why?
1 AnswerOther - Business & Finance1 decade agoall generate positive externalities or benefits except?
a) public education
b) car fumes
c) public health programs
d) requiting drivers to get eye exams
why?
1 AnswerEconomics1 decade agohow does positive and negative externalities effect a demand and supply curve?
for example
1) indicate what might happen after a producer was precented from causing a negative externality or was forced to pay a tax to cover these cost. give example
2) indicate the situation after the government subsidizes the producer because there are positive externalities from the product. give example
3) indicate the situation after the goverment subsidizes consumers for this product has a postitive externality/ benefit. give example
how would the above situations change a demand and supply curve.
2 AnswersEconomics1 decade ago