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    Principles of Economics Study Set 8
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    Exam 10: Externalities
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    Describe the Circumstances Under Which It Would Be Better for the Government
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Describe the Circumstances Under Which It Would Be Better for the Government

Question 52

Question 52

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Describe the circumstances under which it would be better for the government to sell pollution permits than to levy a corrective tax.

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When the governmental authority (e.g., E...

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