What is an example of a positive externality, Microeconomics

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What is an example of a positive externality

Problem

What is an example of a positive externality? of a negative externality? Why are goods with negative externalities often overproduced? Why are goods with positive externalities often underproduced? Give an example for each.

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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