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7 welfare analysis - PowerPoint PPT Presentation

Chapter Thirteen:

Chapter Thirteen:. The Economics of the Environment. The Theory of Externalities. Figure 13.1: The Negative Externalities of T-Shirt Production. Figure 13.2: Internalizing a Negative Externality with a Pigovian Tax. Figure 13.3: Analysis of a Positive Externality.

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Chapter Twelve:

Chapter Twelve:. The Economics of the Environment. The Theory of Externalities. Figure 12.1: The Negative Externalities of T-Shirt Production. Figure 12.2: Internalizing a Negative Externality with a Pigovian Tax. Figure 12.3: Analysis of a Positive Externality.

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7 welfare analysis - PowerPoint PPT Presentation

Chapter Thirteen:

Chapter Twelve: