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Economics A Level (DONEEEEEEE)
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Pregunta:
How does Market Failure Happen then?
Autor: eric_galvaoRespuesta:
-The Price Mechanism in a Free Market will only Factor the Private Costs & Benefits, but not External Cost & Benefit -This gives a Skewed Social Benefit that isn't True, hence, an Unsatisfactory Outcome - Market Failure.
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