Multiple Choice
Which of the following is possible when the market fails?
A) The mix of goods and services is on the production possibilities curve.
B) It is impossible for government intervention to improve the mix of goods and services.
C) The mix of goods and services is at the correct point on the production possibilities curve.
D) The mix of goods and services is the optimal mix.
Correct Answer:
Verified
Correct Answer:
Verified
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