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Business, 14.04.2020 19:15 liltonio

Market failure occurs a. when the output level of the firm is efficient. b. only in the presence of externalities. c. only in the presence of a monopoly. d. when the output level of the firm is inefficient. e. when firms do not maximize profits.

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Market failure occurs a. when the output level of the firm is efficient. b. only in the presence of...
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