a. What kind of market failure is associated with goods that have negative externalities?
b. How can the government intervene in free markets to correct the market failure associated with negative externalities?

Question

a. What kind of market failure is associated with goods that have negative externalities?
 b. How can the government intervene in free markets to correct the market failure associated with negative externalities?

Quizplus · Accepted Answer

The Answer of a. What kind of market failure is associated with goods that have negative externalities?
 b. How can the government intervene in free markets to correct the market failure associated with negative externalities?

A What Kind of Market Failure Is Associated with Goods