Consider the externality/public good aspects


De-funding the National Weather Service

Senator Rick Santorum (R-PA) has suggested de-funding the National Weather Service, arguing that households receive weather information from media outlets and businesses can receive subscription (paid) weather forecasts from private weather forecasting firms. Consider the externality/public good aspects of weather forecasts and argue for or against such a "privatization" of weather forecasting.

 

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Business Economics: Consider the externality/public good aspects
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