1. Why are externalities called market failures? Are pecuniary externalities also an example of market failure? ...

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1. Why are externalities called market failures? Are pecuniary externalities also an example of market failure?

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Macroeconomics

ISBN: 9780134492056

2nd Edition

Authors: Daron Acemoglu, David Laibson, John List

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Question Posted: Nov 16, 2024 09:00 AM

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1. Why are externalities called market failures? Are pecuniary externalities also an example of market failure?
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1. Why are externalities called market failures? Are pecuniary externalities also an example of market failure? ...

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Macroeconomics

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