Question
Describe how markets can fail to maximise social welfare because of externalities. Explain how policy can be used to internalise externalities (using a diagram or
Describe how markets can fail to maximise social welfare because of externalities.
Explain how policy can be used to internalise externalities (using a diagram or diagrams where appropriate).
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International Economics
Authors: Dominick Salvatore
11th edition
978-1118177938, 1118177932, 1119915732, 978-1118476017, 1118476018, 978-1119915737
