Solution-Explain the negative and positive externality

Explain the negative and positive externality

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Reference no: EM131263201

a) It is possible for an activity to have both a positive and negative externality. Identify THREE activities that result in BOTH a positive and negative externality and carefully explain the negative and positive externality that results.

b) Why does the market fail in the presence of an externality? Explain

Reference no: EM131263201

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Explain the negative and positive externality

Reference no: EM131263201

Reference no: EM131263201

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