Answer (Choose 1 answer)
Which of the following statements is correct?
A. Private markets fail to account for externalities because externalities don't occur in private
B. Private markets fail to account for externalities because sellers include costs associated in the price of their product.
C. Private markets fail to account for externalities because decisionmakers in the market fai costs of their behavior to third parties.
D. Private markets fail to account for externalities because the government cannot easily es quantity of pollution.
Exit 25