Market failure in the form of externalities arises when the market fails to achieve equilibrium.
举一反三
- Market failure in the form of externalities arises when the market fails to achieve equilibrium. A: 正确 B: 错误
- Market failure in the form of externalities arises when ( ) A: production costs are included in the prices of goods. B: not all costs and benefits are included in the prices of goods. C: the benefits exceed the costs of consuming goods. D: the market fails to achieve equilibrium.
- In a market characterized by externalities, the market equilibrium fails to maximize the total benefit to society as a whole.
- The two main causes of market failure are externalities and market power.
- When externalities are present in a market, the well-being of market participants