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please answer Question 4 (3 points) Sometimes features of the real world complicate the results predicted by economic theory. Some real world examples that complicate

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Question 4 (3 points) Sometimes features of the real world complicate the results predicted by economic theory. Some real world examples that complicate market exchange are . negotiation costs, . time spent identifying a trading partner, . fees paid to market-makers like middlemen, . monitoring and enforcement difficulty, . the effort, time, and money spent gathering information regarding abatement costs. These are all examples of... transaction costs. private information. O the double dividend hypothesis. abatement costs. Question 5 (3 points) True or False: A "Second-Best" policy is free from deadweight loss, but under a "First-Best" policy deadweight loss will be present. True False

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