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Capital Markets

C/F/586. Role of Externalities in Market Failure

WORDS:
1900
DATE:
2009
PRICE:
19.99 GBP

The paper examines the causes of market failures describing their types, explaining the notion of externalities as costs or benefits associated with the market activity, exploring the role of externalities in market failure, and considering the ways to lessen the impact of externalities.

 

KEYWORDS: market failures, externalities,

 
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