Example of a positive and a negative externality

Assignment Help Macroeconomics
Reference no: EM131156456

In 3- 4 paragraphs, give an example of a positive and a negative externality. Would a Coasean solution resolve the economic efficiency of the externalities you cite? Why or why not?

Reference no: EM131156456

Questions Cloud

How much total profit does this firm earn : A profit -maximizing ompetitive firms sells its product for $9 Its average total cost of producing this product is $10. The firm's profit maximizing output level is 10 units. How much total profit does this firm earn?
Prepare journal entries for the transactions listed above : Prepare journal entries for the transactions listed above. Prepare a Stockholders' section of a classified balance sheet as of December 31, 2014.
Describe a real or hypothetical situation : Describe a real or hypothetical situation that requires someone to make a policy decision. Then, select one of the three approaches to forecasting to apply: extrapolative, theoretical, or judgmental. Provide at least two reasons for your selectio..
Calculate the amount of work in the compressor : What is the minimum pressure that we must have at the exit of the compressor in order to achieve liquefaction?
Example of a positive and a negative externality : In 3- 4 paragraphs, give an example of a positive and a negative externality. Would a Coasean solution resolve the economic efficiency of the externalities you cite? Why or why not?
Range of choice you have in radio stations : How do you feel this has impacted the range of choice you have in radio stations? Did government deregulation cause the creation of monopolies? Why or why not? How are natural market forces and other economic factors changing or not changing your ..
What types of waste are considered universal : What are the characteristics and parameters of Characteristic Hazardous Waste? When is a container more than 119 gallons considered empty? What about a 55 gallon drum? Describe waste stream management in terms of the process steps.
Determine the flow rate of the refrigerant : Determine the flow rate of the refrigerant, the amount of work in the compressors, and the heat loads in all heat exchangers.
Monopolist and a single firm in an identical : Illustrate graphically and compare the profit to be gained by a monopolist and a single firm in an identical perfectly competitive industry by developing an identical cost-saving innovation.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Improved resource allocation stimulated economic growth

How has improved resource allocation stimulated economic growth?

  Subsiquent policies would decrease demand-pull inflation

Among which of the subsiquent policies would decrease demand-pull inflation.

  What would happen to autonomous consumption

What would happen to autonomous consumption if household debt fell and the interest rate rose over the same time period What would happen to autonomous consumption if real wealth increased and expectations of the future became more optimistic

  Problem regarding the ms access

You are to develop a simple database that will store notebook specification including price foreachnotebook using Microsoft Access 2003/2007/2010/2013.Followtheinstructions below.

  Illustrate what do you think are the prospects for reducing

Illustrate what do you think are the prospects for reducing global climate-changing emissions. Be sure to address these points.

  Describe the historical process of trade barrier reduction

Identify and define three components of a country's balance of payments. Describe the historical process of trade barrier reduction.

  We often look at gross domestic product and how it relates

We often look at gross domestic product and how it relates to a recession. In the U.S. we recently went through an economic decline. Do you find people consume less overall when their is a downturn economy?

  Reserve ratios and level of deposits

Assuming individuals hold no cash (all cash is in bank vaults as reserves), calculate the simple money supply from the following reserves requirements and deposits in the systems. 5 Points each, 30 points subtotal

  What are the effects on the british balance of payments

What are the effects on the British balance of payments of the following set of transactions? U.K. Videos imports £24 million of movies from the U.S. firm Twenty-First Century Wolf (TFCW).

  Explain opportunity cost

1. Explain Opportunity Cost and provide an example. 2. What is the difference between absolute advantage and comparative advantage? What is the benefit of trade?

  Evolution of fiscal policy

Determine what did classical economists suppose about flexibility of values, wages, and interest rates and what disagreements did Keynes have with classical economists?

  The base if the policy makers to determine the amount

How should policy makers determine the amount of money that should be allocated for research curing heart disease? they should base their decision on the value of the total benefit of research on curing other diseases or else.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd