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Homework answers / question archive / From the list below distinguish the true statements from the false statements
From the list below distinguish the true statements from the false statements.
a. Market failure occurs when positive externalities are present, but not when negative externalities are present.
b. Market failure is when market provision of a good results in an inefficient quantity.
c. Market failure occurs when negative externalities are present, but not when positive externalities are present.
d. Market failure occurs when either negative or positive externalities are present.
e. Government sometimes intervenes when market failure occurs.
f. Externalities are the only example of market failure.
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