When a Market Is Corrected for Externalities,it

question 93

Multiple Choice

When a market is corrected for externalities,it:

• A) is efficient and maximizes surplus.
• B) is equitable and makes everyone better off.
• C) needs government regulation to maintain.
• D) All of these statements are true.

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Definitions:

Syntactical Rules

Guidelines in linguistics that dictate how words and phrases should be arranged to form meaningful sentences.

Past Tense

A grammar term indicating that an action or state occurred in the time before the present.

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A developmental disorder characterized by difficulties in learning and using language due to no apparent cause, unrelated to any other cognitive or developmental issues.

Williams Syndrome

A developmental disorder characterized by a friendly personality, distinctive facial features, and heart problems, often coupled with intellectual disabilities and a unique cognitive profile.