Example of negative externality and positive externality

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Reference no: EM131329510

Briefly state the basic characteristic of pure competition, monopoly, monopolistic competition, and oligolopy. Under which of these market classification does each of the following most accurately fit?

a) a Kansas wheat farm

b) the steel industry

c) Jolly Green Giant Peas

d) the automotive industry

2. Give an example of a negative externality and a positive externality that is not listed in your book.

Reference no: EM131329510

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