Under what conditions are externalities likely to be internalized without the necessity of government intervention?

Solutions

Expert Solution

Rahul Sunny answered 1 year ago

Next > < Previous

Related Solutions

Use the IS-LM model to explain under what conditions an increase in government spending is likely...

Use the IS-LM model to explain under what conditions an increase in government spending is likely to have a) a greater impact on national output b) a smaller impact on national output.

Without government intervention, (a) in the presence of positive (negative) externality, markets would under allocate (over...

Without government intervention, (a) in the presence of positive (negative) externality, markets would under allocate (over allocate resources) to the good/service in question; and (b) markets will under-allocate resources to public goods. Agree or disagree. Discuss your answers to a. and b. above. 2. Identify and explain an example of each of (i) a public good, (ii) a common-resource good, and (iii) a club good. Someone please answer asapp

Problem 1 There is no need for government intervention when positive externalities are present because no...

Problem 1 There is no need for government intervention when positive externalities are present because no one is being harmed”. Discuss the validity of this statement. Problem 2 Evaluate the following statement: The only amount of acceptable pollution is no pollution at all Problem 3 Following are marginal abatement costs of three firms, related to the quantity of emissions. Each firm is now emitting 10 tons/week, so total emissions are 30 tons/week. Suppose we wish to reduce total emissions by...

In the Austrian View, in a market economy without government intervention, if there is an unusually...

In the Austrian View, in a market economy without government intervention, if there is an unusually large number of unemployed workers looking for a job without success Select one: a. The market wage rate will increase, giving an incentive to many of the workers to accept a new job, and as a result, the labor market will clear rather quickly. b. The situation will last for a long time, because of the downward stickiness of the wage rate, unless the...

3. Do the existence of externalities (in either their positive or negative form) justify government intervention...

3. Do the existence of externalities (in either their positive or negative form) justify government intervention in the economy? Why or Why not?

Under what conditions is it most likely that genetic drift will lead to fixation of deleterious...

Under what conditions is it most likely that genetic drift will lead to fixation of deleterious alleles

Write a brief paragraph detailing certain markets that wouldn't even exist without government intervention or government...

Write a brief paragraph detailing certain markets that wouldn't even exist without government intervention or government investment, and how this led to an increase in overall welfare for society. Please detail how these governmental actions created these markets.

Under what conditions will the production-linked corporate bond be oversubscribed at the expense of the government...

Under what conditions will the production-linked corporate bond be oversubscribed at the expense of the government bond. Explore all possible scenarios (not more than one page)

Without government intervention, the market price moves to the level at which the quantity supplied equals...

Without government intervention, the market price moves to the level at which the quantity supplied equals the quantity demanded through the interactions of supply and demand. But governments intervene in the market now and then to control prices. What are the market inefficiencies the price controls measures such as price ceilings and price floors create? Why do price ceilings and price floors lead to productive and allocative (marketing) inefficiency? Who benefits and who loses from government interventions in markets through...

What is the role of government in dealing with positive externalities and negative externalities? Can you...

What is the role of government in dealing with positive externalities and negative externalities? Can you think of an example where the government dealt with an externality in the recent economy? In your opinion, was it effective?

Subjects