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    Exam 11: Regulation, Public Goods, and Benefit-Cost Analysis
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    What Is an Externality? List the Various Types of Externalities
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What Is an Externality? List the Various Types of Externalities

Question 31

Question 31

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What is an externality? List the various types of externalities. Discuss why externalities justify government intervention.

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Externalities are side effects of produc...

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