The San Andreas Fault in California :)
Answer:
Increased pollination rates of surrounding crop plants as a result of local beekeeping.
Explanation:
A positive externality arises when the production or consumption of a finished product or service has a significant impact or benefits to a third party that isn't directly involved in the transaction.
A negative externality arises when the production or consumption of a finished product or service has negative impact (cost) on a third party.
Coase theorem was developed in 1960 by a British economist and author named Ronald Coase.
Coase theorem states that when the actions of a party (X) negatively affects or harm another party (Y), then party Y should be able to create an incentive for party X to stop or limit the action creating such harm.
Generally, when transaction cost are low, the two parties are able to bargain and reach a mutual agreement in the presence of an externality such as a pollution.
Answer: Novaya Zemlya.
Explanation:
Novaya Zemlya is located in an archipelago in the Russian Arctic, consisting of several small islands and two main ones; Séverny Island and Yuzhny Island. A nuclear testing site was established in 1954 that remained active until 1990. It is considered that at least 224 nuclear tests were carried out and the most powerful hydrogen bomb ever launched was tested there; The Tsar Bomb.
Due to these experiments the local fauna, such as the polar bear and the arctic fox, has been affected by radioactivity and its genes have mutated.
I hope this information can help you.
