Market failure occurs when:
A) no markets exist to create a price for important social goods.
B) manufacturers use substitutes for certain resources.
C) businesses conform to regulatory requirements.
D) no economic solutions are used to address environmental problems.
Correct Answer:
Verified
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Q33: According to the market-based approach,environmental problems:
A)are caused
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Q38: William Baxter argued that:
A)there is an optimal
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