Professional Documents
Culture Documents
Market Failure
Market Failure
free
p S ME
the cost pong
y
one more wit
p
PS
y
the benefit to
D MB
the consumo funny
o Q One more nit
Q
P MC
where 55 is maximised
No deadweight loss
Markt failure
desert goods
merit goods
Monopoly side
externalities
Positive negative
ya
action experienced
y a
publicgo.li by thirdparties
1
Fi 1 deadweight los
magia
Port
1
if
1
1
margin
social
y
private
bengt
I
buf
MSB MPB
Kon Q l
overconsumed in market
why are cigs free
addictive properties
Demeritgood a gls
whose consumption is socially
undesirable has negative consumption externalities
Pricefloor
Pp tu Qd deadweight
Os al suples Pp t CS
tren Y
por mostapertel
restrictions
more as
yY
Regulation age
legislation prohibit consumption
Ita revenues
1 Define negativo
consumption ext templas
demeritgods necessities
indirecta
2
s mpc.me
cigarettes
p n explain diagram
fi deadweight
Mattfailure
µ
B MPB
E
µ
3 Education t awareness
Ü
Subsidise substitute publictransport
2 3 work
f
f ey
Psoe trae t Dg Ampre
5 Indirect tax on petrol
Cortot
Pp y petal ID cars Walunte
consumption externalities
trial tome in the
heathen education
following pls
d
Positive healthy
f
positive side effects consumption gls on
y y
3rd parties
education
University
ey
I labor productivity
IU
Crime
n
otitis samsara
f
p
n
P
ta 1
1
1 1 Msr
D MPB
l s
o Q QUIT
Q
ISubsidise P n
Ip TQ Y
SMEE
gls TEE Poor
bergara
L indirect Ip j Pasta
ya
tan tryout budget
y pipi
o Q Qart
Q
SI QI to Kon Pt
May be more
with kids
effective
Legislativa Pdenadfrgls
regulation MPB
t disposable Y forth
16
J
y lay los
humor
right
ojeda
freedom
y
comply vaccines
1Mpts mt always effective
Nudge
used
Techniques
to change consumer
behaviour without
reducing their
options
Opp cost
provisor
y gls
Ps Ip
Y competition
Positive predation externalities
third pitias
Airport construction infrastructure
ey
Flutie cars
Rt D focused firms
ayy fins
Green
r S MPC
p
MSC
f positin
P to plat
JI III I
www.t.s
t D MPB MSB
1 1
Di Kopp
Q
Hop a
welfarelos PI B
due to x
Markt failure visto
ideally to
MSC
P subsidies d MPC gut
revenue me baya
india tan for other arcos
Trulyy
IP TQ envy
Lp
Government
provision Is CMPC xopp.cat parisina
y gls investmenty
IP TQ
be tw
Quality
y gli my