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Externalities of Industry

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Find two sources to help answer the following questions about the industry of home building. 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 impact 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.

All Work MUST be done on the attached template (Appendix B). Include APA-formatted references and a summary of the major points in the articles or Web sites.

I am including an Appendix B example.

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Solution Summary

This solution talks about positive and negative externalities of industry. It then explores how the transaction of a buyer and seller directly affects a third party.

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Please see the attached file.
Axia College Material
Appendix B

Annotated Bibliography

Week __________

Article One:
Article or Web site reference:

Caldwell, E, (2007 August, 28), "Green" House To Open Doors To Show Its Attributes, USA TODAY, Retrieved on September 3, 2007 from: http://www.usatoday.com/tech/science/space/2007-08-28-envirohome_N.htm
Summary of Article or Web site:

One of the greatest challenges for homes is to be strong enough to stand up to the elements as well as be environmentally friendly. With the building of a home there are negative externalities, the home does not blend in with the ...

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