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Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are...

Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases and particulates emitted by and local company, answer the following questions:
What 2 policies could you use to reduce the total amount of emissions?
Why do you think they each would work?
What are 2 benefits of each action (besides emissions reduction)?
What would the costs of each action be?
How would you decide what was the best level of emission reduction?
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CH140410_466911_ECO(2).docx

Question: Sometimes market activities (production, buying, and selling) have unintended positive or
negative effects outside the market's scope. These are called externalities. As a policy maker...

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