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Author Question: Market failure is the situation in which a market delivers an inefficient outcome. Indicate ... (Read 55 times)

vicky

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on: Jun 29, 2018
Market failure is the situation in which a market delivers an inefficient outcome.
 
  Indicate whether the statement is true or false

Question 2

If the demand is perfectly elastic, buyers pay the entire tax.
 
  Indicate whether the statement is true or false


Fayaz00962

  • Sr. Member
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  • Posts: 330
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

FALSE


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