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Microeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-1260566642Microeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-1260566642 Exercise 1
State whether each of the following primarily causes an external cost or an external benefit.a. Fishing at a popular lakeside vacation spot.
b. Buying a fax machine.
c. Conducting research to find an AIDS vaccine.
d. Occupying a seat on a bench in a crowded park.
e. Littering.
f. Spaying or neutering your pet.
b. Buying a fax machine.
c. Conducting research to find an AIDS vaccine.
d. Occupying a seat on a bench in a crowded park.
e. Littering.
f. Spaying or neutering your pet.
Explanation
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Externality:
Externality refers to the ...
Microeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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