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Multiple choice question on the optimal mix of output

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The optimal mix of output may not be produced by an economy because of the existence of:

a) monopolies b) externalities c) public goods d) all of the above

I have many more questions, and I will direct those to the OTA's who can answer the questions in the most accurate and timeliest manner. that is, ASAP with 99% confidence that the answer is right

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The optimal mix of output may not be produced by an economy because of the existence of:

a) monopolies b) externalities c) public ...

Solution Summary

The solution answers multiple choice question on the optimal mix of output, efficient allocation of resources, market failure

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