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Sometimes Analysts Think That an Externality Is Present in a Project,but

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Sometimes analysts think that an externality is present in a project,but they recognize that the particular externality cannot be quantified with any precision-estimates of its effect would really just be guesses.In such a situation,the externality should be ignored,i.e.,not considered at all,because if it were considered,it would make the analysis appear more precise than it actually is.

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