WACHusett Regional H.S. ECONomics
"Inflating students' economic utility for the long-run!"
Microeconomics - Unit 8 Market Failure
MICRO UNIT 8 KEY STUDY GUIDE TERMS & CONCEPTS
Public Goods
free-rider problem
positive and negative externalities
Marginal social costs
Marginal private costs
Marginal social benefit
Marginal private benefit
Coase Theorem