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AP Microeconomics: Market Failure & Govt (B, C, D)

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AP Microeconomics  Market Failure   Govt  B  C  D
AP Microeconomics: Market Failure & Govt (B, C, D)
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to review concepts related to market failure and the role of government in preparation for the AP Microeconomics exam
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Free Flashcard From AP Microeconomics: Market Failure & Govt (B, C, D)
Question: Why does the market system not provide public goods?
Answer: because nonpayers cannot be excluded from receiving the benefits of such goods