Identify two externalities related to covid-19, Macroeconomics

+44 141 628 6080
[email protected]

Identify two externalities related to covid-19

Problem: Externalities are a form of market failure. Identify two externalities related to Covid-19, one positive and one negative. Graph and explain how each externality affects the optimal amount of the good that is generating the externality. (Use different goods for your two examples.) Finally, explain how government either has acted or could act in order to correct for the externality.

Request for Solution File

Ask an Expert for Answer!!

Macroeconomics: Identify two externalities related to covid-19

Reference No:- TGS03251711

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Macroeconomics

Q : Draw production possibility curve for a country

What is opportunity cost? Draw a Production Possibility curve for a country producing two goods

Q : Describe the procedure you will use to target respondents

Who will be in your sample? When, where, and how will you survey those people? Describe the procedure you will use to target respondents.

Q : What happen to the current demand of product

What do you think will happen to the current demand of product X under the following circumstances? Can you illustrate the change in the demand curve?

Q : What is your explicit cost for going snowboarding

What is your explicit cost (out-of-pocket cost) for going snowboarding all three days? How did you get that number?

Q : Identify two externalities related to covid-19

Externalities are a form of market failure. Identify two externalities related to Covid-19, one positive and one negative.

Q : Show the average value of urban

Examine graphically the relationship between age of the head of household and location of the household (urban vs. rural) graph

Q : How adding a tax benefit to people at the low end

Illustrate how adding a tax benefit to people at the low end of the income scale (causing many new people to file taxes to get those benefits) alters

Q : What are the major differences in parenting styles

What are the major differences in parenting styles between poverty-level parents, working-class parents, and middle- and upper-middle-class parents?

Q : Is it possible that the economy will never adjust to a gap

Is it possible that the economy will never adjust to a gap, and things will just get worse and worse?

1928931

Questions
Asked

3,689

Active Tutors

1451433

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Discuss patient with athsma about use of bronchodilators

You're instructing a patient with athsma about the use of bronchodilators. You should teach the patient which one?

Discuss new forms of advertising changing opdps work

How have social media and other new forms of advertising changing OPDP's work?

Observing and reporting a correctional clients behavior

Observing and reporting a correctional client's behavior is extremely important, to ensure they receive the right mental health care.

Discussion about improve patient satisfaction scores

You are trying to improve patient satisfaction scores in your hospital's emergency department. You decide to poll 40 patients a day for three weeks.

Problem concerning about the risk for stroke

Sam is concerned about his risk for his stroke since his dad died of stroke at age 57 based on the following information why would you recommend

Patient presented with acute-onset abdominal pain

You are on your 5th straight duty in the Urgent Care and you are seeing a 18 yo may who presented with acute-onset abdominal pain for 2 days.

Discuss - male with a history of moderate persistent asthma

A nurse is caring for an 8-year-old male with a history of moderate persistent asthma. He is accompanied by his mom and dad who reported