What can cause market failure?
A) foreign competition
B) externalities
C) excess supply or demand
D) scarcity
Correct Answer:
Verified
Q1: If an externality is present in a
Q3: If there are no externalities,what does the
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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