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Unformatted text preview: this in response to a negative externality. The recent outcries by some citizens of North Carolina and the national news media stem from a perceived negative externality. Some people are accusing the swine industry of N.C. of contaminating their ground water supplies with excess levels of nitrogen. Others are claiming that the odor from swine facilities has decreased the value of their homes and land resources that they own. As a result, calls for new legislation have surfaced. The N.C. legislature in 1997 considered a two-year moratorium on the building of any new swine facilities until research studies could document any problems or not. 16...
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.
- Fall '10