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What happens if the conditions for the price system are not met? what is a negativity externality? one example what is a positive externality?

  1. What happens if the conditions for the price system are not met?
  2.  
  3. what is a negativity externality? one example
  4. what is a positive externality? one example
  5. why are public goods considered to be a market failure?

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If the conditions for the price system are not met it can lead to inefficiencies in resource allocation and market outcomes The conditions necessary f... blur-text-image

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