Explain the concept of externalities. What are the sources of social benets and social costs? Why do
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Explain the concept of externalities. What are the sources of social bene¢ts and social costs? Why do markets misallocate resources in the presence of externalities?
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Related Book For 
Business Economics And Managerial Decision Making
ISBN: 9780471486749
1st Edition
Authors: Trefor Jones
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