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A Good Or Service Considered To Be Harmful For People Who Consume Them And Society As A Whole. If Left To The Market Forces Or Private Enterprise - They Would Be Over-produced And Thus Over Consumed

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1. A Good Or Service Considered To Be Harmful For People Who Consume Them And Society As A Whole. If Left To The Market Forces Or Private Enterprise - They Would Be Over-produced And Thus Over Consumed





 
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