In perfect competition, environmental externalities need not distort the allocation of resources providing

Related MCQs

• Externalities between two firms can be “internalized” if: I. The two firms merge. II. Bargaining costs are zero. III. The externalities affect each firm equally. IV. Marginal costs for both firms are constant. Which statement(s) correctly complete(s) the sentence?
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• Externalities can be positive because
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