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04-18-2008, 04:04 AM
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| Economics Help Research? I need two sources please. A) Research any negative or positive externalities the industry produces. Does the transaction of a buyer and seller directly affect a third party?Is the effect a negative or positive externality?How does the externality impact the economy? B) Research whether the industry produces public goods or private goods, or is a natural monopoly. Are the goods or resources rival, excludable, or neither? Explain.      |
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04-18-2008, 04:07 AM
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| 1. go to wikipedia-dot-org 2. Look up defintions of "externality", "public goods", "natural monopoly" 3. pick an industry, e.g. one where your parents work. 4. write whether it satisfies the definitions. |
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04-18-2008, 04:07 AM
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| 1. go to wikipedia-dot-org 2. Look up defintions of "externality", "public goods", "natural monopoly" 3. pick an industry, e.g. one where your parents work. 4. write whether it satisfies the definitions. |
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