The Invisible Hand and Externalities, Microeconomics

In markets, the invisible hand allocates resources efficiently
a. in all cases
b. when there are positive externalities, but not when there are negative externalities
c. when there are negative externalities, but not when there are positive externalities
d. when the buyers and sellers are the only interested parties
Posted Date: 10/19/2012 2:08:11 PM | Location : United States

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