Assignment Task: Read the article provided in this link and answer the following questions:
Question 1: Characterizes the market failure happening in America's watersheds as a result of Agricultural Production. Describe the externalities in this article.
Question 2: Are the externalities described in the article positive or negative externalities? Explain your answer.
Question 3: Assuming these externalities are not externalized, does the market over or under produce agricultural products? Explain your answer.