Externalities can be corrected and the market system will produce the socially efficient amount of goods it:
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Question:
Externalities can be corrected and the market system will produce the socially efficient amount of goods it:
A. Individuals are faced with the private and external costs of their actions when making decisions
B. The externality is internalized" so that people are forced to face the private and social costs of their actions.
C. Signals in the economy make decision-makers confront all the costs of their actions.
D. Any of the above take place.
Related Book For
Introduction to Corporate Finance
ISBN: 978-0324657937
2nd edition
Authors: Scott B. Smart, William L Megginson
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