In each of the following cases explain the potential causes of market failure (public goods, externalities, lack
Question:
a. Cigarettes
b. Education
c. Urban open space
d. Pesticides
e. Roads
f. Internet access
g. Research and development
h. Prostitution services
i. Hand guns
j. Medical services
k. Abortion services Answers:
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a Cigarettesexternalities b Educationpublic good externalities c Urban open spacepu...View the full answer
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