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2 points E? For each of the following public bads, identify possible related and observable market goods that could be used in 3 revealed preference
2 points E? For each of the following public bads, identify possible related and observable market goods that could be used in 3 revealed preference analysis. Also note which aspects of demand for the public had are not closely related to any market behaviour, and therefore cannot be measured using revealed preference methods. 1. Urban air pollution 2. Damage to pristine wilderness in Alaska
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