1) What is Market Failure?2) What are externalities?3) Use the demand and supply graph to show the consequences of market failures due to: a) negativeexternality in production; b) negative externality […]
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1) What is Market Failure?2) What are externalities?3) Use the demand and supply graph to show the consequences of market failures due to: a) negativeexternality in production; b) negative externality […]