2. A company decides to expand its business and plans to build a new factory close to...

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2. A company decides to expand its business and plans to build a new factory close to the existing one. It buys the land next to its current factory and builds a link roadway. Based on the ideas from this chapter, can this be a positive externality? Explain.

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Microeconomics

ISBN: 9781292214351

2nd Global Edition

Authors: Daron Acemoglu, David Laibson, John List

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