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What are negative externalities, and how might government regulation be used to address them? Explain using an example (real or fictitious) that is not described

  1. What are negative externalities, and how might government regulation be used to address them? Explain using an example (real or fictitious) that is not described in the textbook.
  2. In your opinion, should businesses be involved in politics? Explain your answer.
  3. How do the three types of corporate political strategy differ from each other? How are they similar?

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