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    Principles of Microeconomics
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    Exam 14: Externalities, Market Failure, and Public Choice
  5. Question
    A Person Whose House Has Declined in Value as a Result
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A Person Whose House Has Declined in Value as a Result

Question 47

Question 47

True/False

A person whose house has declined in value as a result of a nearby factory's fumes is a third party to the market associated with the factory.

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