In a Competitive Market, a Free Market Approach Is Always

question 207

True/False

In a competitive market, a free market approach is always best when an external cost is present.

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Definitions:

Drug Abuse

The habitual taking of addictive or illegal drugs in a manner that leads to a range of social, emotional, and physical problems.

Behavior Therapy

A type of psychotherapy that aims to change potentially self-destructive or unhealthy behaviors through conditioning techniques.

Gestalt Therapy

A form of psychotherapy that emphasizes personal responsibility and focuses on the individual's experience in the present moment, the therapist-client relationship, the environmental and social contexts of a person’s life, and the self-regulating adjustments people make as a result of their overall situation.

Consumer Reports

An independent organization that evaluates and reports on the quality and safety of products and services.