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#1. Why do many harmful negative externalities and pollution occur? a. Individuals do NOT pay the full social cost of using a resource. b. Individuals
#1. Why do many harmful negative externalities and pollution occur?
a. Individuals do NOT pay the full social cost of using a resource.
b. Individuals do NOT pay the full private cost of using a resource.
c. Companies do NOT pay the market price for natural resources.
d. Companies pay more than the full social cost of using a resource.
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