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Firm reduces 50 units - PowerPoint PPT Presentation

CHAPTER 5

CHAPTER 5. Externalities. Externalities. Externality An activity on one entity that affects the welfare of another entity in a way that is outside the market mechanism Increase in Social Costs Pricing Effects Suburban to Urban Migration Rent on Condos Increase Externality?.

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Firm reduces 50 units - PowerPoint PPT Presentation

CHAPTER 5