The Result of Market Failure Is Waste or Lost Surplus

question 59

True/False

The result of market failure is waste or lost surplus.

---

Definitions:

Address

In computing, an address refers to a specific location in memory or storage that can be used to access data.

Interpreter

A program that reads and executes code directly, translating high-level instructions into machine code one statement at a time.

Bytecode Instruction

An intermediate code generated by compiling high-level programming code, which is then executed by a virtual machine.

Machine Language

The most basic programming language, consisting of binary code, that is directly understood by the computer's CPU.