In each case, identify any divergence between social and private costs. a. Cigarette smoking b. Getting a

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In each case, identify any divergence between social and private costs.
a. Cigarette smoking
b. Getting a university education
c. Private ownership of guns
d. Drilling for offshore oil

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Microeconomics

ISBN: 978-0321866349

14th canadian Edition

Authors: Christopher T.S. Ragan, Richard G Lipsey

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Question Posted: Dec 22, 2015 02:51 AM

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In each case, identify any divergence between social and private costs. a. Cigarette smoking b. Getting a

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They should also realize that some of their views of the proper action may depend on who actually bears the costs and who they think should bear the c...View the full answer

Microeconomics

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