question archive a) What is the difference between a positive externality and a negative extarnality? b) Give three examples of negative externalities

a) What is the difference between a positive externality and a negative extarnality? b) Give three examples of negative externalities

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a) What is the difference between a positive externality and a negative extarnality?

b) Give three examples of negative externalities.

c) What divergences arise between equilibrium output and efficient output when negative externalities are present?

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