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Use the following to answer question:
Figure 17.8
-(Figure 17.8) If the socially optimal quantity of the good is 200 pounds, there is a _____ externality, so the government should enact a _____ per pound to increase market efficiency.
Cultural Heritage
The legacy of physical artifacts and intangible attributes of a group or society passed from one generation to another, including customs, practices, places, objects, artistic expressions, and values.
Heredity
The transmission of physical or mental traits from parents to their offspring through genetics.
Behaviour
The actions or reactions of an individual, usually in relation to the environment, which can be observed and measured from an objective standpoint.
Study Breaks
Short periods of rest taken during intense study sessions to improve focus and maintain performance over time.
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