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+--- Thread: Market failure is most likely to exist when:? (/thread-55525.html)
Market failure is most likely to exist when:? - Vinny - 01-18-2013 01:28 PM
A) marginal private benefit is equal to the marginal social benefit from a
consumption activity.
B) property rights exist.
C) there are many competitors in the market.
D) marginal social costs exceed marginal private costs from a production activity.
- Irenewy - 01-18-2013 01:36 PM
D）MSC>MPC lead to negative externalities, a main cause of MF
- Aleconomixt - 01-18-2013 01:36 PM
D) marginal social costs exceed marginal private costs from a production activity.
- Lucky - 01-18-2013 01:36 PM
D) marginal social costs exceed marginal private costs from a production activity.