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    Exam 10: Externalities
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    Bruce Engages in an Activity That Diminishes the Well-Being of Shawna
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Bruce Engages in an Activity That Diminishes the Well-Being of Shawna

Question 113

Question 113

Short Answer

Bruce engages in an activity that diminishes the well-being of Shawna. Bruce pays no compensation to Shawna for her loss in well-being. What specific term do economists use to describe this situation?

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