i need a example of services that has negative externality (1 Viewer)

[Hei]

i need a example of services that has negative externality

 

[seventhroot]

oil? gold? other commodities

 

[Hei]

oil? gold? other commodities

those are "goods" i need a example for "services" the only one i can think about
is prostitutes (spreading STD which will cost healthcare in the future) but i dont want to write that in the test

 

[seventhroot]

those are "goods" i need a example for "services" the only one i can think about
is prostitutes (spreading STD which will cost healthcare in the future) but i dont want to write that in the test

I didn't do eco though so god luck

 

[swagmeister]

i need a example of services that has negative externality

You could talk about casino's and the risk involved that post people don't worry about, causing many people to lose their lives and their homes and unnecessary redistribution of income.

Also with the distinction of goods and services, as retail is a service, you could talk about the sale of cigarettes and the long term costs this has for healthcare but I think that the casino/gambling situation would work out better.

Heck if you wanted to you could even do lawn mowing or taxi driving because of the pollution caused by the motors.

Does that help?

 

[nerdasdasd]

i need a example of services that has negative externality

It is simply any service that involves one party benefiting and the masses being affected... best example would be the sale of electricity

 

[swagmeister]

It is simply any service that involves one party benefiting and the masses being affected... best example would be the sale of electricity

Hate your definition but electricity is another good one cause it has a negative externality, namely the pollution from power generation stations and use of non-renewable resources

 

[mreditor16]

oil? gold? other commodities

clearly knows the difference between goods and services lol

 

[seventhroot]

clearly knows the difference between goods and services lol

yes because I am going to state rank this year ez

 

[Queenroot]

yes because I am going to state rank this year ez

Why do you answer these smh

 

[seventhroot]

Why do you answer these smh

my input is valuable and I dare say critical

 

[seremify007]

Drug manufacturing?

 

[seventhroot]

Drug manufacturing?

but that's good though

 

[seremify007]

I meant illegal drugs.

 

[seventhroot]

I meant illegal drugs.

I know

 

[seremify007]

I probably wouldn't use illegal activities as an example though. I'm sure there are better ones. Eg animal hunters? Circus animal trainers?

 

[obliviousninja]

Bee farm next to an apple orchard

 

[invalidvalidity]

lol prostitution. Maybe transportation services perhaps? Air and noise pollution, land clearing etc. Like others mentioned, services like electricity and water also incur a multitude of externalities.