Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. Assume that you are a policy maker concerned with correcting the effects of gases and particulates emitted by a local power plant. Write a 1-page memo that addresses the following points:
Format your answers as a memo with 1 page of written content. You may use bullet points, but please cite your sources. Include a reference list.
|$10.00||no category||Bilbo||1 time(s)|
|$15.00||Economics, Microeconomics||vikass||0 time(s)|
|$15.00||Economics, Microeconomics||manathera||0 time(s)|
|$15.00||Economics, Microeconomics||GeniusWriter||0 time(s)|