Homework Help: economics

Posted by laila on Tuesday, November 18, 2008 at 8:34pm.

Provide a real-world example of a product (a good or service) that has either an external cost or external benefit associated with it and propose a government policy to adjust for the over- or underproduction of this product.

economics - bobpursley, Tuesday, November 18, 2008 at 9:37pm
fatty hamburger meat is the product.

Govn policy: specify only lean can be sold.

External benefit: fewer deaths due to heart failurs.

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