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why is the unregulated market of a good with an external benefit is considered a market failure. Be sure to use the five assumptions of
why is the unregulated market of a good with an external benefit is considered a market failure. Be sure to use the five assumptions of a market economy in your answer.
With what worker does diminishing marginal returns set in? what are the important aspects of the stages of the production function. What is the relationship between the production function and the cost curves? Pay particularly close attention to marginal costs.
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