Market failure is most likely to exist when:?
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01-18-2013, 01:28 PM
Post: #1
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Market failure is most likely to exist when:?
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. Ads |
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01-18-2013, 01:36 PM
Post: #2
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D)MSC>MPC lead to negative externalities, a main cause of MF
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01-18-2013, 01:36 PM
Post: #3
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D) marginal social costs exceed marginal private costs from a production activity.
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01-18-2013, 01:36 PM
Post: #4
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D) marginal social costs exceed marginal private costs from a production activity.
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