A Market Failure Occurs When

Multiple Choice

A market failure occurs when:

A) some people are able to buy many more goods than other people are.
B) the individual's pursuit of self-interest means some people will not be able to buy all of the goods they need.
C) the individual's pursuit of self-interest makes the society worse off.
D) while pursuing their self-interest, some people may make a mistake-for example, they may regret buying a particular car.