Calculating Shadow prices is important in Social cost-benefit analysis especially in developin countries because of all the following reasons EXCEPT: a. perfect competitive markets do not exist for most goods and services b. market prices do not exist for some intangible costs and benefits C. market prices usually do not reflect the true cost of resources to the society d. market prices do not reflect the costs of production

Calculating Shadow prices is important in Social cost-benefit analysis especially in developin countries because of all the following reasons EXCEPT: a. perfect competitive markets do not exist for most goods and services b. market prices do not exist for some intangible costs and benefits C. market prices usually do not reflect the true cost of resources to the society d. market prices do not reflect the costs of production

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter32: The Land Market And Natural Resources

Section: Chapter Questions

Problem 10E

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