ADM-614 Topic 7 DQ 1 An externality constitutes a market failure. An example of an “negative” externality is air pollution

 

An externality constitutes a market failure. An example of an “negative” externality is air pollution from power-generating facilities (e.g., coal-fired power plant). Identify and explain two market-based solutions that would help to mitigate negative externalities, like air pollution? How would government, if at all, need to play a role in pollution abatement?

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Course: ADM-614 Economics for Public
School: Grand Canyon University

  • 11/06/2022
  • 15
Categories: Questions

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