[Wednesday, September 14, 2005] . [..]

technically eating onions generates negative externalities.cuz after eating you'll fart.and there'll be social cost.as quantity of onions consumed increases you fart more.marginal external cost increases at an increasing rate since more ppl smell your fart.hence marginal social cost diverges from marginal private cost.in conclusion, when left to the free market, onions will be over-consumed.

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