Externalities CHAPTER 15. After studying this chapter you will be able to Explain how externalities arise Explain why negative externalities lead to inefficient.
EXTERNALITIES 15 CHAPTER. Objectives After studying this chapter, you will able to Explain how property rights can sometimes be used to overcome externalities.
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EXTERNALITIES 15 CHAPTER. Objectives After studying this chapter, you will able to Understand the nature and source of externalities in a modern economy.
