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    market activities

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    A. What is an externality?

    b. Provide examples.

    c. Is it possible for a governmentâ??s solution to a market failure to actually worsen the failure? Explain your answer.

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    a. What is an externality?

    b. Provide examples.

    c. Is it possible for a governmentâ??s solution to a market failure to actually worsen the failure? Explain your answer.

    Sometimes market activities (production, buying, and selling) have ...

    Solution Summary

    Basic market activities and terms are denoted. References are also provided to further validate the findings.

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