How are the incentives for the firm misaligned

Reference no: EM133711901

DISCUSSION This week, we explored externalities as well as market failures, where the socially optimal output is not the same as what the market produces by itself. Describe a real-world negative externality. In your externality, who are the participants in the market, and who receives the spillover? How are the incentives for the firm misaligned from the rest of society to make the externality?

Reference no: EM133711901

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