ECO 205 Week 3 CheckPoint Industry Research Part II

ECO 205 Week 3 CheckPoint Industry Research Part II
    Locate and summarize two sources to help you answer the following questions about the industry you chose.

*    Define externalities and research any negative or positive externalities the industry produces. Does the transaction of a buyer and seller directly affect a third party? Is the effect a negative or positive externality? How does the externality affect the economy?

*    Research whether the industry produces public goods or private goods, or is a natural monopoly. Are the goods or resources rival, excludable, or neither? Explain.

·         Organize your research for this week using the annotated bibliography template in Appendix B.

·         Include APA-formatted references and a summary of the major points in the articles or Web sites.

·         Post Appendix B as an attachment.