Asked by Anonymous
economic help on negative externalities in automotive industry
Answers
Answered by
Ms. Sue
The obvious negative externality in the automotive industry is the foreign competition that designed cars that Americans wanted to buy. The American car manufacturers got careless and produced poorly designed cars -- and kept sticking with the gas guzzlers when foreign car manufacturers produced more energy efficient cars that appealed to more American buyers.
Answered by
economyst
How bout air pollution?
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