Microeconomics
Microeconomics
10th Edition
ISBN: 9781259655500
Author: David C Colander
Publisher: McGraw-Hill Education
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Chapter 8.1, Problem 1Q
To determine

Impact of externality on working of a market.

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What is an externality? Provide an example.
why do externalities make market outcomes inefficient?
What is externality?

Chapter 8 Solutions

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