Kizspy | Question: 12
(Choose 1 answer)
Which of the following statements is not correct?
A. Private markets tend to over-produce products with negative externalities
B. Private markets tend to under-produce products with positive externalities
C. Private parties can bargain to efficient outcomes even in the presence of externalities
D. Private parties are usually more successful in achieving efficient outcomes than government policies in the
presence of externalities
