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:

Temporary Teams

Groups formed for a specific, short-term purpose, often to tackle a particular project or problem.

Emotionality

The quality of being emotional or the degree to which a person experiences and expresses emotions.

Tension

A psychological or emotional state resulting from being in a conflict or experiencing stress.

Coordinated Unit

A group of individuals working together in a structured and harmonized manner to achieve common goals or tasks.