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Answer the following questions for each of the following examples: (i) keeping your front yard in great shape; (ii) pollutants dumped in the air and

Answer the following questions for each of the following examples: (i) keeping your front yard in great shape; (ii) pollutants dumped in the air and water by petroleum refineries in CC; (iii) a professor working on Alzheimer research; and (iv) getting vaccinated for flu

  1. If there is an externality, does it seem likely that private markets will arise that allow this externality to be internalized? Why or why not?

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