Question: can u answer in detail originally rather than copying from ?h?? Please answer each question in less than 4 sentences. Less is more. Question 1:
can u answer in detail originally rather than copying from ?h??

Please answer each question in less than 4 sentences. Less is more. Question 1: Give an example of a positive externality [Do not use the examples I gave in class.]. What is the positive externality experienced by parties outside the economic transaction? Compare the free market outcome (price, quantity) to the socially optimal outcome. . How can the government improve the free market outcome? Question 2: Give an example of a negative externality [ Do not use the examples | gave in class.]. What is the negative externality experienced by parties outside the economic transaction? Compare the free market outcome (price, quantity) to the socially optimal outcome. . How can the government improve the free market outcome
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