externalities

Sarah M
Mr Sal
Period 4

What are negative and postive externalties, and why does goverment intervine and regulate them .

negative externalties-by products of production or consumptiton thatt impose cost on third parties.

positive-Those who are neither buyers nor seller in the transaction.(9tthird party)

They intervene on products that are harmful (like aerosol can and out-law them)and regulate the cost of stuff.

One day on earth project

My name’s Sarah M. I am in period three econ/pod. I took pictures of Kaitlyn M and I working on 10-10-10 for the project we chose. I was happy how it turned out it was well organized. If I could change anything I would change the variety of pictures that I chose to take.