When Markets Fail

question 129

Multiple Choice

When markets fail:

• A)government intervention may help.
• B)the market realizes the maximum possible gains from trade given the available resources.
• C)there may still be an efficient allocation of resources.
• D)no goods and services are produced.

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Definitions:

Acetaminophen IV

Intravenous administration of acetaminophen, a pain reliever and fever reducer, used in clinical settings for patients unable to take oral medication.

Unconscious Patient

An individual who is not awake and is unable to respond to stimuli, requiring immediate medical attention.

23-Gauze Needle

A medical needle of a specific gauge used for injections and withdrawing fluids; the number 23 indicates the diameter of the needle.

Methotrexate

A medication used to treat certain types of cancer, severe psoriasis, and rheumatoid arthritis, by slowing cell growth.