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Everyone Benefits from Street Lighting,yet the Marginal Benefit to Any

Question 26

Multiple Choice

Everyone benefits from street lighting,yet the marginal benefit to any one individual usually falls short of the marginal cost.This is an example of:


A) individual actions whose side effects are not properly taken into account by the market.
B) one party preventing mutually beneficial trades in an attempt to capture a greater share of resources for itself.
C) the unsuitability of some goods for efficient management by markets.
D) regulating self-interest.

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