Multiple Choice
Externalities are failures of
A) the market to correctly price resources.
B) firms and consumers to make rational tradeoffs.
C) firms to make rational tradeoffs.
D) consumers to make rational tradeoffs.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q22: Low interest rates will persuade corporations to
Q23: A competitive market may misallocate resources over
Q24: Education is subsidized because it generates beneficial
Q25: All externalities are detrimental.
Q26: What rule must be followed to obtain
Q28: How does imperfect information affect market decisions?<br>A)It
Q29: A car sells at different prices at
Q30: The prices of most services have risen
Q31: An unregulated market economy provides material wealth
Q32: There is much world concern over the