Market Failure Can Be Caused by

question 2

Multiple Choice

Market failure can be caused by

• A)low consumer demand.
• B)equilibrium prices.
• C)externalities and market power.
• D)high prices and foreign competition.

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Definitions:

Microbial Cells

Cells belonging to microorganisms, which include bacteria, archaea, fungi, and protists, often found in every environment on Earth.

Microbiota

The community of microorganisms, including bacteria, fungi, and viruses, that inhabit various environments like the human body, contributing to health and disease.

Molecular Biologist

A scientist who studies the molecular basis of biological activities and processes.

Obesity

A medical condition characterized by excess body fat that increases the risk of health problems.