Microeconomics
Microeconomics
11th Edition
ISBN: 9781260507041
Author: Colander, David
Publisher: MCGRAW-HILL HIGHER 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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