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Chemchem Chemchem
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5 years ago
________ refers to inefficient actions induced by policy instruments that cause people not to bear the full consequences of their actions.
a) Adverse selection
b) Moral hazard
c) Externalities
d) Natural monopoly
Textbook 
Business and Its Environment

Business and Its Environment


Edition: 7th
Author:
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emlaaiemlaai
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5 years ago
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