1. Consider two ways to protect your car from theft. The Club (a steering wheel lock) makes...
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1. Consider two ways to protect your car from theft.
The Club (a steering wheel lock) makes it difficult for a car thief to take your car. Lojack (a tracking system)
makes it easier for the police to catch the car thief who has stolen it. Which of these methods confers a negative externality on other car owners? Which confers a positive externality? Do vou think there are
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