Business, 20.09.2020 14:01 jamessmith86

When external costs are present, Group of answer choices democratic political decision-making can be counted on to improve the efficiency of resource allocation. market allocation will achieve idealized economic efficiency. the conditions implied by idealized efficient allocation of resources will be absent, but it does not follow that political action will improve the situation. democratic political decision-making will never be able to improve the efficiency of resource allocation.

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When external costs are present, Group of answer choices democratic political decision-making can be...