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Use the following to answer question(s) : Correcting for Market Failure: External Cost
-(Exhibit: Correcting for Market Failure: External Cost) Assume that there is an external cost involved, as illustrated in the exhibit.If the government intervenes to correct for the external cost, there will be a ________ of _______ .
Glaciers
Large masses of ice and snow that move slowly over land, formed by the accumulation and compaction of snow.
Tilt
The angle at which a geological formation, like Earth's axis, deviates from the vertical or horizontal.
Glaciers
Large, moving masses of ice that form by the accumulation and compaction of snow, known for shaping landscapes through processes like erosion and deposition.
Seasonal Effects
Variations or changes in biological, environmental, or social systems that are due to seasonal variations in the Earth's position relative to the sun.
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