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    Survey of Economics Principles
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    Exam 9: Imperfect Information, External Benefits, and External Costs
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    Market Failure Is a Situation in Which
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Market Failure Is a Situation in Which

Question 134

Question 134

Multiple Choice

Market failure is a situation in which


A) production generates costs that are not paid for by the producer.
B) a market is not in equilibrium.
C) purchasers cannot afford the goods that they need.
D) the government intervenes in the market.

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