Describe externalities your selected business might incur

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Reference no: EM133504035

Case Study: This week we will debate the negative externality of environmental pollution. This involves evaluating environmental protection against the opportunity cost of decreased economic output and higher prices. To begin, be sure to review figure 12.5 from chapter 12. 12.1 The Economics of PollutionLinks to an external site.

In your response, consider the following:

Question 1: As a consumer, how do you weigh the costs of this externality when you make purchases?

Question 2: Within the context of your selected business or another business producing products important to you, how much more would you be willing to pay to see less environmental pollution?

Question 3: Describe the externalities your selected business might incur. If none, explain why you experience no positive or negative externalities.

Reference no: EM133504035

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