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Maggie Has Been Frustrated in Her Attempts to Make an "A

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Maggie has been frustrated in her attempts to make an "A" on her psychology quizzes. She has been reading the chapter three times before each of the quizzes. She made a "D" on the first four quizzes. If she continues using this strategy, psychologists would say that she is exhibiting a

Recognize the impact of externalities on social costs, social benefits, and the efficiency level of production.
Explore the implications of property rights, legal frameworks (injunctions, liability rules), and collective bargaining on addressing externalities.
Distinguish between public and private solutions to externalities and the conditions under which they are effective.
Analyze the implications of externalities on market failure and the role of government in correcting these failures.

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