Explain how a gps location tracker application can produce
Problem
Explain how a GPS location tracker application can produce positive spillovers to thousands of others in a city. What are they? Can the application produce negative spillovers? What are they?
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Explain the decisions facing the parties involved, derive and explain the results, specifically: show that a market failure may occur.
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Explain how a GPS location tracker application can produce positive spillovers to thousands of others in a city. What are they?
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Draw a supply and demand diagram for the good or resource in the article and use the diagram to show why the current situation is inefficient.
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