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anzhelika [568]
3 years ago
11

An automobile company shuts down a factory, forcing hundreds of workers into unemployment. the positive externality is that the

Business
1 answer:
lesya692 [45]3 years ago
3 0
<span>An automobile company shuts down a factory, forcing hundreds of workers into unemployment. The positive externality is that the workers will enter school to train for a new career.
Education and training is considered as a positive externality. When people are educated and trained, they will get more opportunities for employment. </span>
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Equilibrium price= $3

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Explanation:

At equilibrium, quantity demanded is equal to quantity supplied.

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Also Cost is given as $5

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Qd= 800- 100(3)

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