Author Question: Which of the following is an example of market failure? a. Public goods. b. Externalities. c. Lack ... (Read 37 times)

elizabeth18

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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

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Answer to Question 1

d

Answer to Question 2

c



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