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Electric pricing
________ does not account for the negative externalities or costs that fossil- fueled power plants impose.
Overuse
________ reduces the resource's quality and quantity, making it rare and perhaps disappearing.
Negative externalities
________ impose costs on society that are typically not accounted for in market prices.
Output limits
________ or levies may compel individuals to use the resource at a socially optimum pace.
Biological resources
________ such as fish, game, forests, rivers, grasslands, and agricultural soil, in general, are renewable if properly managed.
Externalities
unexpected consequences of acts that are beneficial and meaningful in and of themselves
