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Business, 23.10.2019 05:30 james8781

Suppose a firm that produces for this market is able to dump toxic chemicals into a river next to its factory, which poisons wildlife and harms the health of nearby residents, who have no business with the company. this scenario is characterized by an externality which is an example of market failure.

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Suppose a firm that produces for this market is able to dump toxic chemicals into a river next to it...

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