9 - Externalities
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Practice Questions
Test your understanding with targeted questions
What is a positive externality? Provide an example.
💡 Hint: Think about activities that provide benefits to others.
Define a negative externality.
💡 Hint: Consider examples where harm is caused to others.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is an externality?
💡 Hint: Think about what happens when one person's action affects others.
True or False: Positive externalities can cause costs to others.
💡 Hint: Consider the nature of benefits vs. costs.
2 more questions available
Challenge Problems
Push your limits with advanced challenges
Analyze how a new public transportation system can create positive externalities in a community.
💡 Hint: Consider broader societal effects that arise from improved travel options.
Critically evaluate the role of government regulation in controlling negative externalities associated with industrial pollution.
💡 Hint: Think about the trade-offs between environmental protection and economic growth.
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