See recommended videos about Externalities and Public Goods under Modules. rea

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See recommended videos about Externalities and Public Goods under Modules.
read about public goods and externalities in your chosen textbook. (OpenStax Chapter 12.1 -12.4 & 13). here is the link for the book i chosen https://openstax.org/details/books/principles-micr…
Then answer the following questions using economic thinking (whether or not you agreed with Centers for Disease Control and/or government recommendations/mandates) during the Covid-19 pandemic.
(1) Indicate how you would fill in the following chart about externalities associated with Covid-19:
Virus-Related CircumstancePositive or Negative Externality?Cite a Possible Solution and/or Consequence
A. Contagion
B. L.A. Traffic/The Environment
C. Overall Economic Output
D. Shelter-in-Place Orders
E. Getting a Covid-19 Vaccine
(2) Explain how the choice of wearing or not wearing a mask during the Covid-19 epidemic could create a public good and also “free riders”.
(3) Propose a possible corrective tax or subsidy that might be useful for reducing an externality or free rider problem associated with the pandemic.
I post another two video’s name on the pictures

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