Positive externalities are a market failure
Course:- Microeconomics
Reference No.:- EM131034988

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Positive externalities are a market failure (lack of efficiency) because:

A.        One person pays for what someone else gets to enjoy

B.        Some people don't get enough of what they want because they can't afford it

C.        No one pays for a product and no one gets it, even though it is worth more than it costs to produce

D.        No one pays for a product and everyone gets it, even though it costs more to produce than it is worth

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