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Topic: Business
Number of pages / Number of words: 2 / 553
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Therefore, efficient use of the transportation networks and advancing their expertise in air transportation industry is not only good for business, but diminishes environmental impact from the airlines operations.

Since the airline industry is a private good. The airline business can be divided up and provided separately to different individuals, with no external benefits or costs to others (Mankiw pp...


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Thus, airlines industry is rivals at the same time excludable. Given the situation the negative externalities that these airlines produced does not affect all. More often than not, the effect of these externalities was indirect as air and noise pollution are very hard to quantify.

REFERENCES:

EEA. (2000)...


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