1
This is where there is a good spillover effect for society
2
A negative externality caused by too many private cars
3
________ _______ + External Benefit = Social Benefit
4
The spillover effects?
5
An example of a positive externality which stops the spread of disease
6
Private cost + external cost = _______ ______
7
A government intervention to promote positive externalities
8
This is where everyone is affected (Private + External)
9
A simple method of government intervention which stops negative externalities
