Contrast market failure with government failure in the, Business Economics

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Contrast market failure with government failure in the

1. Contrast market failure with government failure in the internalizing of externalities.

2. Is it possible for the government to go too far in trying to internalize externalities? Consider external benefits and external costs.

3. Describe the features of monopolistic competition: a. How is it similar to monopoly?

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Business Economics: Contrast market failure with government failure in the

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