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25 Nov 2019

Which of the following is an example of a market failure?

  1. Negative externalities.

  2. Positive externalities.

  3. Public goods.

  4. All of these.

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Irving Heathcote
Irving HeathcoteLv2
25 Nov 2019
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Related textbook solutions

Introductory Statistics
OER Edition, 2013
Openstax
ISBN: 9781938168208

Related questions

Which one of the following is a primary difference between a public good and a private good? 

  1. Private goods are purchased by money transfers while public goods are purchased by in-kind transfers. 

  2. A private good is subject to the free-rider problem while a public good is not. 

  3. Private goods are manufactured because of the workings of the price system while public goods come about through antitrust legislation. 

  4. Private goods are subject to the principle of rival consumption while public goods are not.

Census data (the final report as published by the census bureau) is an example of:
  1. public behaviour.
  2. public information.
  3. private behaviour.
  4. private information.

Census data (the final report as published by the census bureau) is an example of:

A) Public behaviour.

B) Public information.

C) Private information.

D) Private behaviour.

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