Identify and discuss three (3) externalities

  1. Identify and discuss three (3) externalities, which can either be positive or negative.
  2. Conclude why an externality might exist in the situation that you described, and determine the solutions to mitigate these particular externalities. 
  3. Analyze the different stakeholders (i.e., government, three (3) affected parties) that are involved in the externality, and identify what their roles are with regard to the externality.

2 pages double spaced