Externalities in Asia and Africa
Unknown Grade•45 minutes
Learning Objective
I can analyze how various countries in Asia and Africa address externalities through policy and regulation.
Practice Questions
This lesson includes 5 practice questions to reinforce learning.
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1. Explain the concept of positive externalities and provide an example of how they can impact market equilibrium.
2. Discuss how a subsidy for planting trees could influence the supply and demand curves in the market for trees. What would be the expected outcome on the equilibrium price and quantity?
3. Analyze the potential societal benefits of planting trees as described in the video. How do these benefits justify government intervention in the market?
...and 2 more questions
Educational Video
Positive externalities | Consumer and producer surplus | Microeconomics | Khan Academy
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