Externalities, be it negative or positive, cause inefficiencies in the market that eventually leads to disequilibrium....

Externalities, be it negative or positive, cause inefficiencies in the market that eventually leads to disequilibrium. Negative externalities can even be a deterrent to healthy living or peaceful living to some. There are corrective measures that address these externalities, some are government policies and some are private institutions or policies. In 150 words or more, describe one public policy and one private policy that address an externality.

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Rahul Sunny answered 1 year ago

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