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28 Oct 2020
7. Because externalities represent a case where markets no longer consider all social costs, but only some of them, economists commonly refer to externalities as an example of
a. state failure
b. society failure
c. market failure
d. none of the above
7. Because externalities represent a case where markets no longer consider all social costs, but only some of them, economists commonly refer to externalities as an example of
a. state failure
b. society failure
c. market failure
d. none of the above
Raushan RajLv8
28 Oct 2020