Advanced Placement (AP), 02.06.2020 22:59 Talber1

HELP PLEASE
Which of the following is not a market failure?

a. A lack of competition in some markets.

b. Prices determined in competitive markets, which consumers, as individuals, have no control over.

c. The presence of externalities in some markets.

d. A lack of public goods desired by a majority of citizens.

Answers: 2

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HELP PLEASE
Which of the following is not a market failure?

a. A lack of competiti...

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