Discussion Board: Examining Elasticity Gas prices fluctuate often and in both directions. In your initial post, respond to the following: […]
Tag: negative externality
Explain whether or not you think that a Pigouvian carbon tax is a good option for internalizing externalities associated with carbon. Consider economic, social and environmental factors. Are you in favor of a Pigouvian tax in other situations? Choose a carbon tax rate that you feel is appropriate (in dollars per ton) and justify that value.
Explain the term externality in an economic context in your own words. Provide an example of a positive externality which […]
