Question: 2. In the same example (without federal subsidies), how do the benefits that Princeton realizes change as the benefits that Camden would enjoy if J&J

2. In the same example (without federal subsidies), how do the benefits that Princeton realizes change as the benefits that Camden would enjoy if J&J located there change by a small amount? Discuss the contention that, in luring J&J away from Camden, Princeton is imposing an external cost that should be corrected.

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