In a market characterized by externalities, the market equilibrium fails to maximize the total benefit to society as a whole.
举一反三
- Market failure in the form of externalities arises when the market fails to achieve equilibrium.
- Market failure in the form of externalities arises when the market fails to achieve equilibrium. A: 正确 B: 错误
- An organisation should compare its sales from a product or service in a specified market to the sales earned by the entity with the largest market share， not the total sales in the market as a whole.（ ）
- When externalities are present in a market, the well-being of market participants
- In a competitive market with no externalities,