Describe the following in terms of generating positive, negative, or zero externalities: (a) a foot of snowfall
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(a) a foot of snowfall in mid-January;
(b) living a mile away from an international airport;
(c) your neighbor painting a mural on the side of his house that faces yours;
(d) your neighbor's watchdog, who is known to have an unpleasant disposition;
(e) a super student in a class in which grades are curved; and
(f) high-spirited motorcyclists.
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a Negative We pay to have it removed b Negative Noise pollution ...View the full answer
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