4. Suppose that people value the continued existence of dolphins in the Pacific Ocean, but that tunafishing

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4. Suppose that people value the continued existence of dolphins in the Pacific Ocean, but that tunafishing fleets kill large numbers of these mammals.

Draw a graph showing the externality. Describe two alternative approaches to remedy the externality.

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Principles Of Microeconomics

ISBN: 9784492370292

6th Edition

Authors: John B. Taylor, Akila Weerapana

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