Externalities: When the Price Is Not Right - PowerPoint Presentation

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Uploaded On 2018-03-22

Externalities: When the Price Is Not Right - PPT Presentation

Chapter 10 Outline External costs external benefits and efficiency Private solutions to externality problems Government solutions to externality problems 2 Introduction Antibiotics are ID: 661469

costs external cost market external costs market cost private social efficient externalities benefits equilibrium allowances surplus quantity taxes government

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