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Author Question: Which of the following is an example of market failure? a. Public goods. b. Externalities. c. Lack ... (Read 30 times)

elizabeth18

  • Hero Member
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  • Posts: 559
on: Jun 30, 2018
Which of the following is an example of market failure?
 a. Public goods. b. Externalities.
  c. Lack of competition. d. all of these.

Question 2

Topic Market failure, Difficulty M, Type RE, Answer c Which of the following is not an example of market failure?
 a. Lack of competition.
  b. Externalities.
  c. Equilibrium.
  d. Extreme income inequality.


s.meritte

  • Sr. Member
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  • Posts: 306
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


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