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Which of the Following Is Not an Example of a Failure

question 79

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Which of the following is not an example of a failure of market outcome?


Definitions:

Moral Category

A classification based on values, ethics, or principles that guide judgments about what is right and wrong.

Biological Category

A classification in biology that groups organisms on the basis of shared characteristics or genetic lineage.

Miasma

An outdated medical theory suggesting diseases are spread through polluted air or bad smells from decaying organic matter.

Cholera

An infectious disease caused by ingesting contaminated water or food, characterized by vomiting, severe dehydration, and diarrhea, and can be lethal if not treated promptly.

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