If Jamal successfully and completely internalizes a negative externality, it follows that

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When Jamal successfully and completely internalizes a negative externality, it means he has adjusted his activities so that his marginal private costs (MPC) now reflect the previously external costs, making them equal to the marginal social costs (MSC). This alignment ensures that the external costs are accounted for in his decision-making process.

If Jamal Successfully and Completely Internalizes a Negative Externality, It