Market economies have air and water pollution, but nonmarket economies
A) have much less pollution.
B) have pollution that is much worse than in market economies.
C) have about the same amount of pollution as market economies.
D) do not generally suffer from external effects of any sort.
Correct Answer:
Verified
Q112: Figure 15-1 Q113: If a detrimental externality is being produced Q114: Figure 15-1 Q115: Marginal social cost is defined as marginal Q116: The former communist countries of eastern Europe Q118: Which of the following is true? Q119: One of the reasons why firms pollute Q120: Which of the following statements is correct? Q121: The economic justification for public subsidies to Q122: National defense and coastal lighthouses are examples
A)Competitive markets
A)Marginal
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