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5 votes
True or False: All externalities are market failures, but not all market failures are externalities?

2 Answers

2 votes

Answer:

im pretty sure its false

Step-by-step explanation:

um the flashcard does say its false...

User Hyounis
by
4.5k points
6 votes

Answer:

False

Step-by-step explanation:

Both negative and positive externalities are considered market failures.

User Prabhakar
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4.4k points