What is the difference between a positive externality and a


Externalities

a) What is the difference between a positive externality and a negative extarnality?

b) Give three examples of negative externalities.

c) What divergences arise between equilibrium output and efficient output when negative externalities are present?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: What is the difference between a positive externality and a
Reference No:- TGS01452733

Expected delivery within 24 Hours