Sunday, October 28, 2007

Unit 2: Negative externalities associated with roadworks

Shopkeepers in a village in Wales are complaining that roadworks are cutting their trade by up to half according to this BBC report:
< >

a) Explain what is meant by a negative externality
b) Why are the drop in shopkeepers takings are a clear example of negative externalities?
c) How might these negative externalities have been reduced according to the report?

No comments: