Homework answers / question archive / This excerpt from the New York Times on Thursday describes the impact of exposing children to aging lead-based paint: "A 2005 study concluded that increasing a child's blood lead level to 10 micrograms from 2

This excerpt from the New York Times on Thursday describes the impact of exposing children to aging lead-based paint: "A 2005 study concluded that increasing a child's blood lead level to 10 micrograms from 2

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This excerpt from the New York Times on Thursday describes the impact of exposing children to aging lead-based paint: "A 2005 study concluded that increasing a child's blood lead level to 10 micrograms from 2.4 translated to a 3.9-point drop in I.Q. A 2015 study of Chicago elementary school students concluded that blood lead concentrations of five to nine micrograms explained up to 15 percent of failing grades in reading and math."

With public goods, common resources, and externalities in mind, what sort of market failure is this? Please explain.