Match each of the following characteristics or scenarios with either the term negative externality or the term positive externality. a. Overallocation of resources:. b. Tammy installs a very nice front garden, raising the property values of all the other houses on her block:. c. Market demand curves are too far to the left (too low) :. d. Underallocation of resources:. e. Water pollution from a factory forces neighbors to buy water purifiers:.
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