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If the market system tends to under-allocate resources to the production of good X, what can you conclude about the presence of market failure and

If the market system tends to under-allocate resources to the production of good X, what can you conclude about the presence of market failure and the possible correction? ChooseTWOout of the following:

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If the market system tends to under-allocate resources to the production of good X, what can you conclude about the presence of market failure and the possible correction? Choose TWO out of the following: C] Good X could involve spillover costs. C] Good X could involve spillover benefits. C] A tax on the production of good X will result in the optimum production of the good. C] A subsidy on the production of good X will result in the optimum production of the good

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