Draw a negative externality.Clearly label the axis and the equilibrium that would occur were there no external costs and the equilibrium with external costs.Explain the diagram and the resulting problem that negative externalities create from the standpoint of economic efficiency.

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The Answer of Draw a negative externality.Clearly label the axis and the equilibrium that would occur were there no external costs and the equilibrium with external costs.Explain the diagram and the resulting problem that negative externalities create from the standpoint of economic efficiency.

Draw a Negative Externality