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What is the distinction between... Question 3. This question has 4 parts. 3. A) What is the distinction between private cost and social cost? 3.

What is the distinction between...

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Question 3. This question has 4 parts. 3. A) What is the distinction between private cost and social cost? 3. B) How does the presence of a negative externality prevent a competitive market from being efficient? 3. C) How do taxes help us to cope with negative externalities? 3. D) How do emission charges work

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