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The free market assumes that the price reflects all production costs of a good or service. So when negative externalities exist, the market is wrong.
The free market assumes that the price reflects all production costs of a good or service. So when negative externalities exist, the market is wrong. The free market assumes that the price reflects all production costs of a good or service. So when negative externalities exist, the market is wrong. True False
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International Economics
Authors: Robert Carbaugh
15th edition
1285854357, 978-1305177093, 1305177096, 978-1285854359
