1. What term would economists apply to the harm caused by escaping chemicals? 2. Is it fair...
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2. Is it fair to pass on the costs of negative externalities to neighbors who make no profit from the chemical business? Are there any reasons that the neighbors might benefit from the presence of the company?
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1 Such harm is a negative externality 2 The neighbors might ...View the full answer
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Related Book For
Introduction To Business Law
ISBN: 9780324826999
3rd Edition
Authors: Jeff Rey F. Beatty, Susan S. Samuelson
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