T/F, All externalities are market failures, but not all market failures are externalities.

Question

asked Nov 21, 2024 161k views

1 Answer

Jasper De Bruijn · Answer 1 · 2024-11-26T23:29:11+0000

Answer:

All externalities are market failures, but not all market failures are externalities. (A market failure occurs whenever resources are allocated inefficiently in a market. Externalities are only one type of market failure.)

T/F, All externalities are market failures, but not all market failures are externalities.

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions