economics UNIT 1

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If PED is less than 1 then demand is...

inelastic

1 of 3

market failure occurs when:

negative and positive externalities exist

2 of 3

quasi public goods can be rivalarous but non-excludable?

True

3 of 3

market failure occurs when:

negative and positive externalities exist

quasi public goods can be rivalarous but non-excludable?

Report Mon 14th January, 2013 @ 22:02

Thanks this was an awsome quiz, it really helped :)