4 Governments often use taxation and/or regulation to compensatefor or eliminate the social cost when...
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Economics
4 Governments often use taxation and/or regulation to compensatefor or eliminate the social cost when the sale or consumption ofproducts may benefit or harm other people who are not irnolved inthe transaction and did not pay for the product. Which fundamentalassumption of a market-driven society does this practice relate to?3 ??23 Multiple Choice mary buyers and sellers absence ofextemalities
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presence of opportunity costs sell-haterest completeinformation
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