Question: 2. Explain the difference between and negative andpositive externality?-An externality is positive when the effect is good. Ifyour neighbor re-builds the fence between yourtwo properties

2. Explain the difference between and negative andpositive externality?-An externality is positive when the effect is good. Ifyour neighbor re-builds the fence between yourtwo properties entirely at his cost that is positive.-An externality is negative when the effect is bad. Ifthat sa

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