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

User Valerio Versace
by
7.5k points

2 Answers

2 votes

Answer:

im pretty sure its false

Step-by-step explanation:

um the flashcard does say its false...

User Hyounis
by
8.0k points
6 votes

Answer:

False

Step-by-step explanation:

Both negative and positive externalities are considered market failures.

User Prabhakar
by
8.6k points
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