Lesson 2: Externalities
Negative Production Externality
Positive
Production Externality
Impact &
Solution
Problem
Homework (Watch Videos & do the 2011B FRQ #2)
Welker -
video
·
Market Failure – Negative Externality of
Consumption
·
Market Failure – Positive Externality of
Consumption
Waugh – DUE Thursday 2011B FRQ #2 (Complete and have in class on Thursday)
AP Central - FRQ - 2011B FRQ #2
AP Central - FRQ - Answer - 2011B FRQ #2 Answer