Issue 1
What type of externality would your neighbor loudly playing a stereo exemplify? Explain.
Can the Coase Theorem be used as a resolution? Why or Why not?
Have you experienced a positive externality at school, work, or home lately? Explain.
Now that you know about both the positive and negative externality concepts, how does it make you feel?Issue 1
What type of externality would your neighbor loudly playing a stereo exemplify? Explain.
Can the Coase Theorem be used as a resolution? Why or Why not?
Have you experienced a positive externality at school, work, or home lately? Explain.
Now that you know about both the positive and negative externality concepts, how does it make you feel?