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Which of the following statements a) , b) or c) is false?
Government Intervention
Actions taken by a government to affect the economy, which can include regulations, subsidies, tariffs, and direct provision of goods and services.
Marginal External Benefit
Increased benefit that accrues to other parties as a firm increases output by one unit.
Pollution Emissions
The release of pollutants into the environment, typically referring to harmful substances discharged from industries, vehicles, and other sources.
Marginal External Cost
The cost resulting from producing one additional unit of a good that is incurred by someone other than the producer.
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