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Please explain in 75 word or more the following TRUE or FALSE questions. Answers need to be supported with an economic model. Government can correct
Please explain in 75 word or more the following TRUE or FALSE questions. Answers need to
be supported with an economic model.
- Government can correct for negative externality of production by subsidizing production.
- Externalities will not affect the efficiency of the market.
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Microeconomics
Authors: Michael Parkin
11th edition
133019942, 978-0133020250, 133020258, 978-0133019940
