Market Failure

[TheLoLMarathon]

americans... hamburgers... cmon

[joinch1]

thanks alot , very easy to understand &beautiful drawing :)

[TheViditV]

really helpful ,, thanks...!!

[kelvsiting]

tomorrow has an interpretatoin task related to this topic, really helpful, thanks a LOT！！！

[DemahInamay]

THANK YOUUUUUUU!!! BIG test tomorow.

[khateeb14]

this was helpful thnx ZAne ;p

[dung9393x]

thank you so much

[chvere123]

will the market failure remain if despite the raise of the price of cigarettes, the consumer still purchase the same amount of cigarettes?

[ferdinand2]

@chvere123 yes man... well it depends: if the tax is as high as the negative externality it is said that the government has internalized the externality however if it is less then the externality will remain