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Author Question: Which of the following is NOT a possible source of market failure as economists use the term? (Read 57 times)

dejastew

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Question 1

Externalities are a problem only if
◦ decision-makers do not take them fully into account.
◦ all firms are perfectly competitive.
◦ all firms are monopolistic.
◦ the externalities are negative.

Question 2

Which of the following is NOT a possible source of market failure as economists use the term?
◦ Externalities
◦ Involuntary unemployment
◦ Firms that are price-takers in the output market
◦ Public goods


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Marked as best answer by dejastew on May 25, 2020

pami445

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dejastew

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)


blakcmamba

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Reply 3 on: Yesterday
:D TYSM

 

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