What could the teams do to solve that problem


Problem

According to the "Positive Externality: The Superstar Effect" application, other teams benefited financially from having one team employ Michael Jordan. Do such positive externalities lower social welfare? If not, why not? If so, what could the teams do to solve that problem?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What could the teams do to solve that problem
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