Goods that are accompanied by negative externalities are priced lower than is socially ideal. But, oddly, goods

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Goods that are accompanied by negative externalities are priced lower than is socially ideal. But, oddly, goods that are accompanied by positive externalities are also priced lower than is socially ideal. Explain this apparent paradox.

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Microeconomics

ISBN: 9781319105563

3rd Edition

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

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Question Posted: Feb 21, 2020 08:58 AM

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Goods that are accompanied by negative externalities are priced lower than is socially ideal. But, oddly, goods

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Goods accompanied by negative externalities are priced too low by competing ...View the full answer

Microeconomics

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