Which of the Following Is an Example of Market Failure

question 69

Multiple Choice

Which of the following is an example of market failure?

• A) negative externalities
• B) positive externalities
• C) public goods
• D) all of these

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Definitions:

Microbiome

The collective genome of all the microorganisms (bacteria, fungi, and viruses) living inside and on the human body, influencing health and disease.

Cerebral Palsy

A neurological disorder appearing in infancy or early childhood and permanently affecting body movement and muscle coordination.

Oxygen Deprivation

Oxygen deprivation occurs when there is insufficient oxygen supply to the body's tissues and organs, potentially leading to severe health consequences.

Gonadal Hormones

Hormones produced by the gonads (ovaries in females, testes in males), such as estrogen, progesterone, and testosterone, that regulate reproductive functions and sexual characteristics.