Multiple Choice
What is a common theme among examples of market failure
A) The good being provided always harms society in some systematic way.
B) Some item of value does not have an owner with the legal authority to control it.
C) Cost-benefit analysis is likely to lead to implementation policies that promote private provision of goods and services.
D) There are regulations that prohibit the efficient functioning of private markets.
Correct Answer:
Verified
Correct Answer:
Verified
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