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a. Draw a graph showing the deadweight loss from a negative externality in production and illustrate and explain how a Pigouvian tax can eliminate the

a. Draw a graph showing the deadweight loss from a negative externality in production and illustrate and explain how a Pigouvian tax can eliminate the deadweight loss. b. Draw another graph showing the deadweight loss from a positive externality in consumption and illustrate and explain how a Pigouvian subsidy can eliminate the deadweight loss

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