Which one of the following is FALSE?
A) Market failure arises when consumers are unhappy with the choices available to them.
B) Negative externalities arise when costs are imposed on third parties.
C) Positive externalities arise when benefits accrue to third parties.
D) Public goods typically are not provided by the private sector.
Correct Answer:
Verified
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Q13: Which of the following is a method
Q14: An example of a negative externality created
Q16: Which of the following best represents the
Q17: Which of the following best represents the
Q18: Why are public goods provided by the
Q19: Which one of the following characterizes public
Q20: Which policy would correct a positive externality?
A)
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