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Should public policy overrule pure economics

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Reference no: EM131704313

The U.S. has many treasures that warrant their protection, such as the Great Lakes, the nation's coastal wetlands, and the Smoky Mountains.

Explain why simple cost-benefit analysis involving public goods such these are so difficult to undertake.

Should public policy overrule pure economics in these situations? Explain.

Reference no: EM131704313

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