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In considering the decision to adopt a dog, indicate which of the following is an example of a private cost, a private benefit, an external cost, and an external benefit that may result from the decision: The food for the dog is a private cost . The dog discouraging intruders and trespassers from the neighborhood is an external benefit . The enjoyment from a new companion is a private benefit . Barking disturbing the neighbors' sleep is an external cost .
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In considering the decision to adopt a dog, indicate which of the following is an example of a priva...
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