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Which of the following is not an example of an externality

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1. Which of the following is NOT an example of an externality?  Explain why the other examples are externalities and why the one you selected is not.

a. Government tax imposed on smog   
b. Noise from a barking dog   
c. The loss of an ocean view because of new construction   
d. Improved property values when a rundown house is remodeled   
e. Groundwater pollution from an industrial facility

Reference no: EM13975085

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