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Why do externalities NOT mereologize into 3-D spaces ????????

Answer»

Answer:Externalities effect resource allocation by distorting the pricing mechanism, resulting in an allocation of resources that is not optimal. Therefore the importance of externalities in resource allocation is crucial if it is to be optimal and it is OBSERVATION that gives cost- BENEFIT analysis some of its justification as it is necessary to measure those created by activities and to intervene to CORRECT them.

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