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Externalities: When the Price Is Not Right Externalities: When the Price Is Not Right

Externalities: When the Price Is Not Right - PowerPoint Presentation

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Uploaded On 2018-09-18

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 overused ID: 669874

market costs cost external costs market external cost private efficient externalities government allowances solutions social quantity theorem coase equilibrium

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