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The potential side effects of eliminating pollution are applications of the Law of Diminishing Marginal Utility, which we saw in an earlier chapter section How
The potential side effects of eliminating pollution are applications of the Law of Diminishing Marginal Utility, which we saw in an earlier chapter section "How Individuals Make Choices Based on Their Budget Constraint."
- Explain potential issues if we have a policy that only seeks to maximize market productivity?
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