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Use this scenario to explain the following ideas relating to externalities: I got into a car accident on a busy freeway. Only my car and
- Use this scenario to explain the following ideas relating to externalities: I got into a car accident on a busy freeway. Only my car and another car were involved in the accident.
- Identify two groups that now have an externality because of the car accident.
- Identify two externalities (the effect) they face, one positive and one negative.
- Describe two consequences I face as a result of the accident.
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Clifford W. Smith Jr., Jerold Zimmerman
6th edition
73523143, 73523149, 978-0073523149
