Economics - Identify a positive externality

Economics

You will be evaluating each of the questions as you will need to make sure to use relevant economic terms and content development in your work.

Scoring Rubric:

1. must include APA formatted in-text citation/reference, 20%

2. use of economic terms, 20%

3. correctness to each question and at least 2-3 paragraphs for each question, 60%

Questions:

1. Identify a positive externality

2. Identify a negative externality

3. Analyze the role of the government with an exteranlity present.

4. Explain why a firm is not able to deal with an externality.

5. Explain the challenges of a business trying to sell a public and private goods.