EXTERNAL COST IN SOCIETY

READ THE FOLLOWING INSTRUCTIONS CAREFULLY:Your response shouldbe typed using good grammar (handwritten essays will not be graded)be in an essay formatbe at least two pages (maximum of 3 pages) in lengthbe double-spaced using Times New Roman font, a font size of 12, and 1 inch marginsIf your writing is less than two (pages), you cannot receive the maximum points.Students must make two submissions – (a) Taskstream and (b) Assignment submission portal created in canvas. To receive a grade, you MUST upload your work to BOTH Taskstream and the portal created in canvas.Do not fill a whole page with your name, course title, or professor’s name (use a cover page for your name, course title, and/or professor’s name). It will not count toward your number of pages. The pages will be counted from where your essay begins.Do not wander off-topic, stick to the point. Your response should be related to the question asked.Do not forget to cite your source(s). Both in-text citations and a Work Cited page are required. Your list of references/Work Cited page should be at the end of your writing using MLA format. This list will not count towards the required minimum of two pages.A software that detects plagiarism will be used. If plagiarism is detected, you will receive a grade of zero. Plagiarism is a form of academic dishonesty as stated in the syllabus.Do not copy someone else’s work by trying to spin some words using “Essay Rewriter” or other apps. Both the student who copied and the one whose work was copied will receive a zero.Upload your work as pdf or word document.GRADING RUBRICTwenty (20) points will be given for correctly describing the activity, identifying and discussing at least three (3) external costs resulting from the activity.Ten (15) points will be given for correctly identifying and explaining at least three (3) recommendations.Ten (15) points will be given for correctly identifying at least three (3) roles the government can play in addressing the issue.POINT DEDUCTIONSBelow minimum length (less than 2 pages) or above maximum length (more than 3 pages) = -10 to -15Missing citations = -50. You will receive a grade of zero.Incorrect citation format = -5Incorrect font type = -5Incorrect font size = -5 to -10Incorrect spacing = -5Incorrect margins = -5Poor grammar, missing/incorrect punctuation, or incorrect spelling = -5 to -10QUESTION (50 points)Think of an activity which imposes external costs on the society. Describe this activity and identify at least three (3) external costs it imposes on society. As an expert in externality correction (resolution),What are your recommendations (minimum of three) to correct the issue without government involvement? Explain each of these recommendations.Discuss the roles (minimum of three) the government can play in correcting the issue?PreviousNext