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What is meant by the term "internalizing an externality"? How does a Pigovian tax or subsidy internalize an externality?
Anorexia
An eating disorder characterized by an obsessive fear of gaining weight, leading to severe restriction of food intake and malnourishment.
Academically Successful
Refers to achieving high marks and exceeding average standards in an educational setting.
Primary Drives
Basic biological needs such as thirst or hunger that motivate behavior to satisfy those needs.
Physiologically Based
Pertains to the underlying physiological or biological mechanisms of an organism or process.
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