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    Exam 5: Difficult Cases for the Market, and the Role of Government
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    Markets Provide the Efficient Amount of a Good or Service
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Markets Provide the Efficient Amount of a Good or Service

Question 184

Question 184

Multiple Choice

Markets provide the efficient amount of a good or service when


A) externalities are present.
B) monopoly exists.
C) public goods are present.
D) competition is present and externalities and public goods are absent.

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