1.6 Some individuals argue that with increased population growth, negative externalities will become more common, and there...
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1.6 Some individuals argue that with increased population growth, negative externalities will become more common, and there will be more instances of market failure and more need for government to solve externality problems. Other individuals believe that as time passes, technological advances will be used to solve negative externality problems. They conclude that over time there will be fewer instances of market failure and less need for government to deal with externality problems.
What do you believe will happen? Give reasons to support your position.
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