Multiple Choice
Which of the following is an example of a market failure?
A) The local state football game is sold-out
B) Because of concerns of impending storm threats, the local hardware store runs out of plywood
C) Because of changes in mortgage loan requirements and regulations, fewer people qualify for mortgages
D) The daily traffic jam on the commute to work
Correct Answer:
Verified
Correct Answer:
Verified
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