ch08-The Economics of the Public Sector(2)

曼昆微观经济学分册英文版 教材PPT

In this chapter, look for the answers to these questions:What is an externality? Why do externalities make market outcomes inefficient? How can people sometimes solve the problem of externalities on their own? Why do such private solutions not always work? What public policies aim to solve the problem of externalities?

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