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Ch 10_micro

Ch 10_micro

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Published by Ritika Nanda
10 microeconomics
10 microeconomics

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Published by: Ritika Nanda on Jun 24, 2013
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06/24/2013

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Lecture PowerPoint® Slides
to accompany
1
Prepared by
Marc Prud„Homme, University of Ottawa
 
 
Chapter 10Externalities
2Copyright © 2011 Nelson Education Limited
 
In this chapter,look for the answers to these questions:
 
3
What is an externality?
Why do externalities make market outcomesinefficient?
What public policies aim to solve the problem of externalities?
How can people sometimes solve the problem of externalities on their own? Why do such privatesolutions not always work?
Copyright © 2011 Nelson Education Limited

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