I don’t know what the correct answers to this. I’ve asked a couple times and it still wrong. The only options left are 1) cost benefit analysis is likely to lead to implementation policies that promote private provision of goods and services or 2) some item of value doesn’t have an owner with legal authority to control it. A common theme among examples of market failure issome item of value does not have an owner with the legal authority to control itthe good being provided always harms society in some systematic waycost-benefit analysis is likely to lead to implementation policies that promote privateprovision of goods and servicesthere are regulations that prohibit the efficient functioning of private markets

Market Failure is the situation in which generated through the unequal distribution of the goods and…

Answered: A common theme among examples of market…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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I don’t know what the correct answers to this. I’ve asked a couple times and it still wrong. The only options left are 1) cost benefit analysis is likely to lead to implementation policies that promote private provision of goods and services or 2) some item of value doesn’t have an owner with legal authority to control it.

A common theme among examples of market failure is
some item of value does not have an owner with the legal authority to control it
the good being provided always harms society in some systematic way
cost-benefit analysis is likely to lead to implementation policies that promote private
provision of goods and services
there are regulations that prohibit the efficient functioning of private markets

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