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    Principles of Microeconomics Study Set 10
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    Exam 7: Consumers, Producers, and the Efficiency of Markets
  5. Question
    Market Failure Is the Inability of
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Market Failure Is the Inability of

Question 390

Question 390

Multiple Choice

Market failure is the inability of


A) buyers to interact harmoniously with sellers in the market.
B) a market to establish an equilibrium price.
C) buyers to place a value on the good or service.
D) some unregulated markets to allocate resources efficiently.

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