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Explain the negative externality that could occur due to the building of a new airport
Explain the negative externality that could occur due to the building of a new airport.
Expert Solution
One of the common form of negative externality is environment pollution. Different types of material needed in transport building, and the movement of airplanes emits more CO2 and pollutes the air. It is also responsible for noise pollution and traffic jam. The population living beside the airport will face all this type of negative externalities that occur due to the building of new airport.
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