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Which of the Following Statements About Market Failure Is Not

Question 122

Multiple Choice

Which of the following statements about market failure is not true?


A) Market failure causes an inefficient allocation of resources, even in a competitive market.
B) Market failure can come from causes on the demand side or the supply side of a market.
C) Market failure always results from some government action or policy in a market.
D) Market failure can result from the number of sellers in a market being too few to ensure competition.

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