Which of the following leads to an under allocation of
Which of the following leads to an under allocation of resources to a specific economic activity?
external costs
external benefits
marginal costs
effluent benefits
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in the short-run real gdp can be greater than or less than potential gdp because in the short run thea money wage rate
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if production of an item results in negative external costs then the market price is below the socially referred price
which of the following leads to an under allocation of resources to a specific economic activityexternal costsexternal
society is likely to over-allocate resources to produce goods thatare public goodsare merit goodsgenerate positive
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