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Does the Phenomenon of Externalities Strengthen the Argument That We

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Essay

Does the phenomenon of externalities strengthen the argument that we should rely upon the "invisible hand" of the marketplace, or does it weaken that argument?


Definitions:

Dominant Gene

A gene that masks the expression of a recessive gene in the phenotype; dominant genes express their traits when present.

Recessive Gene

Apparently suppressed in crossbred offspring in preference for a characteristic from the other parent.

Genetic Map

A representation of the arrangement of genes or genetic markers on a chromosome, indicating their relative positions and distances.

Abdominopelvic Cavity

The abdominopelvic cavity is the body cavity that houses both the abdominal and pelvic organs, including the stomach, liver, and intestines, among others.

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