When externalities cause markets to be inefficient,what can solve the problem
A)Government action is always needed to solve the problem.
B)Private solutions can always be developed to solve the problem.
C)Given enough time, externalities can be solved through normal market adjustments.
D)Both private parties and government can provide solutions to the problem.

Question

Quizplus · Accepted Answer

The Answer of When externalities cause markets to be inefficient,what can solve the problem
A)Government action is always needed to solve the problem.
B)Private solutions can always be developed to solve the problem.
C)Given enough time, externalities can be solved through normal market adjustments.
D)Both private parties and government can provide solutions to the problem.

When Externalities Cause Markets to Be Inefficient,what Can Solve the Problem