Private Markets Fail To Account For Externalities Because

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Private Markets Fail To Account For Externalities Because

a. externalities don't occur in private markets. b. sellers include costs associated with externalities in the price of their product. c. decisionmakers in the market fail to take account of the external effects of their behavior. d. the government can easily correct any adverse effect on the market that externalities may cause.
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c. decisionmakers in the market fail to take account of the external effects of their behavior.

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