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Principles of Microeconomics

7th Edition
N. Gregory Mankiw
ISBN: 9781305156050

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BuyFindarrow_forward

Principles of Microeconomics

7th Edition
N. Gregory Mankiw
ISBN: 9781305156050
Textbook Problem

List some of the ways that the problems caused by externalities can be solved without government intervention.

To determine
How the externality can be solved without government intervention.

Explanation

The externality is of two types: positive externality and negative externality. Positive externality is good for the society. However, negative externality create some problems in the society...

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