Explain why equilibrium of supply and demand is desirable
Explain why equilibrium of supply and demand is desirable and discuss how externalities may prevent market equilibrium and the various governments policies used to remedy the inefficiencies in markets caused by externalities.
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explain why equilibrium of supply and demand is desirable and discuss how externalities may prevent market equilibrium
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choose onenbspof the given trade modelsnbspin a b or c to explain each of the following phenomenanbspjustify your
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