Question: Explain a positive and negative externality that you have recently consumed. Please relate your answer to the characteristics of elasticity. Why does the government

Explain a positive and negative externality that you have recently consumed. Please

Explain a positive and negative externality that you have recently consumed. Please relate your answer to the characteristics of elasticity. Why does the government have to get involved when an externality is present in the market?

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Positive Externality Recently I attended a community cleanup event organized by a local environmental group The positive externality associated with this event was the improved aesthetics and cleanlin... View full answer

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