Multiple Choice
When externalities occur,economic agents:
A) disregard the external effects of their actions,but the market outcome is efficient.
B) disregard the external effects of their actions,and the market outcome is inefficient.
C) consider the external effects of their actions,and the market outcome is efficient.
D) consider the external effects of their actions,but the market outcome is inefficient.
Correct Answer:
Verified
Correct Answer:
Verified
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