If there are no externalities,what does the invisible hand lead a market to maximize
A) producer profit from that market
B) total benefit to society from that market
C) both equity and efficiency in that market
D) output of goods or services in that market
Correct Answer:
Verified
Q1: If an externality is present in a
Q2: What can cause market failure?
A)foreign competition
B)externalities
C)excess supply
Q5: Because decisions in a market economy are
Q6: When externalities exist,what do buyers and sellers
Q7: What is an externality
A)the impact of society's
Q8: What do externalities cause markets to do
A)fail
Q9: Why is dioxin emission that results from
Q10: Which of the following would NOT likely
Q11: When does an externality exist
A)when the government
Q94: In a market economy, what guides economic
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