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Positive externalities occurs when (I) Consumers reduce their demand for textbo...

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Positive externalities occurs when

(I) Consumers reduce their demand for textbooks and price thereby declines.

(II) Producers increase their demand for textbooks and price thereby surges.

(III) A steel producing firm pumps pollutants into the air.

(IV) A person keeps his yard well maintained helps value of houses around.

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