Question 1:
"Positive and Negative Externalities" Please respond to the following:
- From the scenario, list and describe two positive externalities and two negative externalities the copy center is associated with in society. Select a business in your community with which you are familiar and describe the positive or negative externalities the business is adding to society
- Recommend methods that, once implemented, would decrease the possibility of government regulation in the business you selected in Part 1 of this discussion. Suggest enhancements to the operations that you believe would reduce the possibility of regulation.
Question 2:
"Economics of Crime" Please respond to the following:
- Recommend two to three ways to reduce crime in the city or town in which you live. Explain how these recommendations would make good economic policy.
- Give your opinion on how economic analysis can be used to assist in understanding why there could be a reduction in crime.