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-When a Good Commodity Is Driven Out of the Market

Question 73

Multiple Choice

  -When a good commodity is driven out of the market by a bad commodity, the result is called: A) moral hazard. B) adverse selection. C) positive externality. D) negative externality. E) the commons problem.
-When a good commodity is driven out of the market by a bad commodity, the result is called:


A) moral hazard.
B) adverse selection.
C) positive externality.
D) negative externality.
E) the commons problem.

Correct Answer:

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