1. The sources of market failure can be grouped into four major categories: (a) externalities, (b) public...

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1. The sources of market failure can be grouped into four major categories: (a)

externalities,

(b) public goods,

(c) poor information, and

(d) monopoly.

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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Question Posted: Oct 25, 2024 09:07 AM

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1. The sources of market failure can be grouped into four major categories: (a) externalities, (b) public...

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Economics Private And Public Choice

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