Market Failure & the Role of Government

Externalities, public goods, income inequality, and government policies

This section contains 1 topic with 0 subtopics, 5 practice problems and 10 flashcards. Each topic includes comprehensive written notes, worked examples with detailed solutions, and interactive lessons for hands-on practice.

Topics Covered

• Externalities & Public Goods — Positive/negative externalities, Pigouvian taxes, public goods, free riders, and the Lorenz curve

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