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William Baumol as well as Polodoo [2008} have contended that it is remarkably hard to quantify the social expenses of any externality, particularly in light

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William Baumol as well as Polodoo [2008} have contended that it is remarkably hard to quantify the social expenses of any externality, particularly in light of the fact that many expenses are mental and individual.[23] Even assuming that an estimation of the mental impact of some externality existed, it would be difcult to gather that information for all people impacted and afterward see as the ideal

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