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In three to five sentences, explain why it is difficult to balance economic issues with environmental ones. Be sure to use examples from this lesson.

User DaveP
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Answer:It's difficult to balance economic issues with environmental issues because environmental regulations may hurt businesses.

It should be noted that producers don't usually consider others when taking their decisions. As a result, producers produce goods that have negative externalities to others.

Therefore, this brings about environmental degradation. Also, positive externalities can lead to inefficient market outcomes. Therefore, there's always a conflict to balance economic issues with environmental ones.

User Kalish
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