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  4. The economics of pollution

5.1 The economics of pollution  (Page 15/20)

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  • Card 17 / 20:
    negative externality

    a situation where a third party, outside the transaction, suffers from a market transaction by others

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Practice FlashCards 9 Key Terms 7

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Source:  OpenStax, Openstax microeconomics in ten weeks. OpenStax CNX. Sep 03, 2014 Download for free at http://legacy.cnx.org/content/col11703/1.2
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