Completar frases Market FailuresVersión en línea Externality por Nilam Chandra 1 Externality smoking Market rider Negative failure Positive Free is the economic situation defined by an inefficient distribution of goods and services in the free market . 2 Non excludable Market failures Externalities Public good Non rivalrous Free rider occur when one person's actions affect another person's well - being , and the relevant costs and benefits are not reflected in market prices . 3 goods public negative market free rider externality positive failure A arises when my neighbors benefit from my cleaning up my yard . 4 externality excludable failure non rider free positive market negative A arises when one person's actions harm another . 5 failure externality education smoking training market An example of negative externality is . 6 noise pollution education smoking traffic congestion failure An example of positive externality is . 7 Private negative positive hospital externality childcare Middlemore failure market is an example of a public good . 8 Nonexcludable Market failure Non rivalrous Public goods Externality Free rider means that it is costly or impossible for one user to exclude others from using a good . 9 externality excludable Negative rivalrous Non positive rider Free means that when one person uses the good , it does not prevent others from using it . 10 free taxation positive good public externality Private Market A and services are administered by the government and paid for collectively through taxation . 11 excludable failures Non positive rivalrous riders negative Free market externalities are a problem because while not paying for the good or service they may continue to access or consume it .
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