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When a private market fails to deliver an optimal quantity of goods and services it is called public returns to scale. suboptimal delivery. market failure.
When a private market fails to deliver an optimal quantity of goods and services it is called
public returns to scale.
suboptimal delivery.
market failure.
private returns to scale. please explain
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Microeconomics Theory and Applications with Calculus
Authors: Jeffrey M. Perloff
3rd edition
133019934, 978-0133019933
