Learning aggroup comment - macrocosm polity in Economics rascal 1 Learning squad upbraiding - humans Policy in Economics ECO/365 Learning team Reflection - Public Policy in Economics Page 2 Learning Team Reflection - Public Policy in Economics This week we analyze the effect of externalities on market outcomes and we well-read to differentiate between positive and banish externalities. This should help us identify examples of two positive and forbid externalities and also identify who or what is positively or negatively affected. Topics We Feel Comfortable With Most of Team A feels prosperous with the topic of externalities and how they relate to the decisions consumers, businesses, and organisations present on a symmetric basis. Justin enjoyed the different examples that our classmates provided when describing how they felt externalities were prevalent in our society. We also learned that externalities are factors whose costs and benefits are non reflected in the market scathe of goods and services. Laura explained how externalities can be a loss or a gain for one company resulting from activity by another(prenominal) party without there cosmos any compensation for the party who lost out.
Tim appreciated the intervention around government actions and how the government can actually make things worse by acquiring involved. Laura learned about horizontal , good and conglomerate unifyrs (and their! effect on competition and innovation) are that the 5 reasons that two unrelated firms would fatality to Learning Team Reflection - Public Policy in Economics Page 3 merge could be 1) economies of scope, 2) a good buy, 3) diversification, 4) warding off of a coup detat bid, and 5) strengthening of political-economic influence. Topics We Struggled With Justin put in that...If you want to get a lavish essay, order it on our website:
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