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Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399 Exercise 1
What are the external costs of coastal oil drilling (see Headline, p. 193)? How would you put dollar values on them? Do they foreclose all oil drilling?
Explanation
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External costs:
External costs equal th...
Essentials of Economics 8th Edition by Bradley Schiller
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