A using an example explain why negative externalities lead, Ask an Expert

Economics

a) Using an example explain why negative externalities lead to inefficient overproduction and discuss one way government can ensure a more efficient outcome.

b) Discuss using an example what are public goods and why does it lead to a free rider problem.

c) Why is fishing in the ocean, where there are no well-defined property rights, a concern regarding our ability to ensure sustainable use of our fishing stock? Research what is being done in New England coastal fisheries to ensure sustainable cod fishing.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91678129

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