Distinguish the true statements from the false statements. True False Market failure occurs when negative externalities Market failure occurs when positive externalities are present but not when positive externalities are present but not when negative externalities are present. are present. Market failure is when market provision Market failure occurs when either negative of a good results in an inefficient quantity or positive externalities are present. Government sometimes intervenes Externalities are the only example of market failure when market failure occurs Distinguish the true statements from the false statements False True Market failure occurs when negative externalities Market failure occurs when positive externalities are present but not when positive externalities are present but not when negative externalities are present are present Market failure is when market provision Market failure occurs when either negative of a good results in an inefficient quantity or positive externalities are present. Externalities are the only example of market failure. Government sometimes intervenes when market failure occurs Answer Bank

Question
Distinguish the true statements from the false statements.
True
False
Market failure occurs when negative externalities
Market failure occurs when positive externalities
are present but not when positive externalities
are present but not when negative externalities
are present.
are present.
Market failure is when market provision
Market failure occurs when either negative
of a good results in an inefficient quantity
or positive externalities are present.
Government sometimes intervenes
Externalities are the only
example of market failure
when market failure occurs

Image Transcription

Distinguish the true statements from the false statements. True False Market failure occurs when negative externalities Market failure occurs when positive externalities are present but not when positive externalities are present but not when negative externalities are present. are present. Market failure is when market provision Market failure occurs when either negative of a good results in an inefficient quantity or positive externalities are present. Government sometimes intervenes Externalities are the only example of market failure when market failure occurs

Distinguish the true statements from the false statements
False
True
Market failure occurs when negative externalities
Market failure occurs when positive externalities
are present but not when positive externalities
are present but not when negative externalities
are present
are present
Market failure is when market provision
Market failure occurs when either negative
of a good results in an inefficient quantity
or positive externalities are present.
Externalities are the only
example of market failure.
Government sometimes intervenes
when market failure occurs
Answer Bank

Image Transcription

Distinguish the true statements from the false statements False True Market failure occurs when negative externalities Market failure occurs when positive externalities are present but not when positive externalities are present but not when negative externalities are present are present Market failure is when market provision Market failure occurs when either negative of a good results in an inefficient quantity or positive externalities are present. Externalities are the only example of market failure. Government sometimes intervenes when market failure occurs Answer Bank

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