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According to environmental economics, if prices don't increase as a resource becomes scarce, there is a market failure which means that the outcome _________. Group
\According to environmental economics, if prices don't increase as a resource becomes scarce, there is a market failure which means that the outcome _________. Group of answer choices is not maximizing social welfare is maximizing social welfare is sustainable over the long term will lead to a switch to the backstop alternative
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Economics
Authors: R. Glenn Hubbard, Anthony Patrick O Brien
7th edition
134738314, 9780134738116 , 978-0134738321
