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Explain positive externality and devise your own government

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Question: We often spend more time in economics thinking about negative externalities and how to deal with them from a government policy perspective. For this post, identify a good or service associated with a positive externality during its consumption or production. Explain the positive externality and devise your own government policy to bring this market to the socially optimal result. You must find an example not already discussed in the textbook i.e. do not discuss vaccines or education.

Reference no: EM133599352

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