Question

In the context of policy coordination state the two forms in which externalities might result .

Answer 1

Policy coordination state the two forms in which externalities might result .

Explanation:

• There are two type externalities the positive extraneities have positive effects, and the negative externalities have negative effects.
• The concepts of the externalities arises from the consumption and production of the goods and services.
• The environmental pollution is the example of negative externalities.
• Pollution have the negative effects on people who is living near by industries.
• There would be a negative failure which occur due to the cause of the economic activities.

Learn more: externalities, positive, negative.

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