Identify what that clearly defined output could be

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Reference no: EM132234532

Suppose your local town or city decides to operate the town as “a business”. If so, then like any (successful) business, there is a clearly defined output and clearly defined methods to measure that output. Consider local tax collection and if this would change or remain the same.

First, identify what that clearly defined output could be. Given that answer, identify at least one reasonable method which could be used to measure that output. Finally, given these two answers, cite and discuss 2 externalities (in a few sentences) which might arise from this situation. Include a clear statement of a primary activity.

Reference no: EM132234532

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