Unit 1: Markets are Efficient, Except . . . Intro to Microeconomics

Lesson 5b: Market Failures Continued: Positive Externalities and Public Goods

Assignments: Readings

p. 84, (19th, 93), "Market Failures in Competitive Markets" pp. 90-100, (19th, 99-110), "Public Goods", "Externalities" p. 400, "Consider This: The Tragedy of the Commons" Lecture Outline

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