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-(Exhibit: Correcting for Market Failure: a Public Good) a Private

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  -(Exhibit: Correcting for Market Failure: A Public Good)  A private market produces R units of output of a public good. The efficient price would be _______ and the efficient output would be _______ , which suggests the implementation of a government _______ . A)  lower; greater; tax B)  P<sub>1</sub>; W; subsidy C)  higher; greater; subsidy D)  P<sub>2</sub>; Q; subsidy
-(Exhibit: Correcting for Market Failure: A Public Good) A private market produces R units of output of a public good. The efficient price would be _______ and the efficient output would be _______ , which suggests the implementation of a government _______ .


Definitions:

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Coagulated blood that forms a solid mass, potentially blocking blood vessels and causing various medical issues, such as strokes or deep vein thrombosis.

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A neurotransmitter involved in many functions, including motivation, reward, and the regulation of movement and emotional responses.

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