Analyze the following article/topic from a microeconomic lens, specifically focusing on the topic of externalities:

There are three parts to this assignment; therefore, I should see at least three separate paragraphs and a minimum of 1 typed page(APA):

  1. A summary of the article that shows that you understand the article. This summary should highlight the main points.
  2. An analysis of the topic based on your understanding of externalities (chapters 12 and 13).
  3. Your conclusion/opinion/evaluation regarding the points covered in the article.

Any words that are written exactly as in the article must be in quotation marks. Any papers that use direct wording from the article, without using quotation marks, will receive no points.

You may use additional sources. Make sure to cite them.

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