How can the external marginal benefit and external marginal, Econometrics

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How can the external marginal benefit and external marginal

1. Contrast negative and positive externalities. Provide an example of each type of externality.

2. Why does an unregulated market overproduce goods with negative externalities?

3. How can the external marginal benefit and external marginal cost curves be used to find the efficient level of an externality?

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