How may negative externalities lead to market failures? Should government correct the failures caused by externalities?

Question

asked May 22, 2023 214k views

1 Answer

GabrielaBezerra · Answer 1 · 2023-05-29T03:31:51+0000

Answer:

Externalities lead to market failure because a product or service's price equilibrium does not accurately reflect the true costs and benefits of that product or service

How may negative externalities lead to market failures? Should government correct the failures caused by 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