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3. The U.S. has many treasures that warrant their protection, such as the Great Lakes, the nation's coastal wetlands, and the Srnoky Mountains. a. Explain
3. The U.S. has many treasures that warrant their protection, such as the Great Lakes, the nation's coastal wetlands, and the Srnoky Mountains. a. Explain why simple cost-benefit analysis involving public goods such these are so difficult to undertake. b. Should public policy overrule pure economics in these situations? Explain
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