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1. The article discusses ride-hailing firms contribution to traffic in many cities, including London. What kind of externality is traffic? At the competitive equilibrium, what

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1. The article discusses ride-hailing firms contribution to traffic in many cities, including London. What kind of externality is traffic? At the competitive equilibrium, what does the presence of this kind of externality imply about the relationship between marginal social benefit (MSB) and marginal social cost (MSC) in the market for hailed rides

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