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An example of an externality associated with drugs is a drug
Knowledge
Knowledge encompasses facts, information, and skills acquired through experience or education; it is the theoretical or practical understanding of a subject.
G.W.F. Hegel
A German philosopher known for his contributions to dialectical logic, metaphysics, and the concept of absolute idealism.
Economics
Economics is the social science that studies how individuals, governments, firms, and nations make choices on allocating resources to satisfy their wants and needs, trying to determine how these groups should organize and coordinate efforts to achieve maximum output.
Politics
The activities, actions, and policies that are used to gain and hold power in a government or to influence the government.
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Q59: If demand for drugs is inelastic, then