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suppose that Abel builds a factory next to Baker´s farm, and air pollution from the factory harms Baker´s crops. Is Baker´s property right to the land being violated? Is an externality present? What if the pollution invades Baker´s home and harms her health? Are her property rights violated? Is an externality present? Explain

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9477513

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