Question: Find two sources to help you answer the following questions about the airlines industry:
o Research any negative or positive externalities the industry produces.
i) Does the transaction of a buyer and seller directly affect a third party? Is the effect a negative or positive externality? Explain.
o Research whether the industry produces public goods or common resources.
ii) Are the goods or resources rival, excludable, or neither? Explain.
Organize your research for this week using the Annotated Bibliography