Externalities by James DeNicco

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About the Lecture

The lecture Externalities by James DeNicco is from the course Principles of Microeconomics (EN). It contains the following chapters:

  • A Closer Look at Externalities
  • Public Policy towards Externalities
  • Private Solutions and the Coase Theorem
  • Recap

Included Quiz Questions

  1. negative ; more than
  2. negative ; less than
  3. positive ; more than
  4. positive ; less than
  1. tax ; increases ; more
  2. subsidy ; increases ; more
  3. tax ; increases ; less
  4. subsidy ; increases ; less
  1. If private parties can bargain without cost over the allocation of resources, they can solve the problem of externalities on their own.
  2. If private parties cannot bargain without cost over the allocation of resources, they can solve the problem of externalities on their own.
  3. The government is never necessary to solve the problems of externalities.
  4. The government is always necessary to solve the problems of externalities.

Author of lecture Externalities

 James DeNicco

James DeNicco


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