Which of the Following Statements About Market Failure Is Not

question 122

Multiple Choice

Which of the following statements about market failure is not true?

• A) Market failure causes an inefficient allocation of resources, even in a competitive market.
• B) Market failure can come from causes on the demand side or the supply side of a market.
• C) Market failure always results from some government action or policy in a market.
• D) Market failure can result from the number of sellers in a market being too few to ensure competition.

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Definitions:

Montelukast

A medication used in the management of asthma and allergic rhinitis.

Cystitis

Inflammation of the bladder, often caused by a urinary tract infection, leading to symptoms like pain, burning during urination, and frequent need to urinate.

Frequent Urge To Urinate

An immediate and strong impulse to urinate that can be symptomatic of urinary tract infections, diabetes, or bladder conditions.

Sensation Of Burning

A physical feeling often described as a painful heat or stinging sensation, which can be caused by nerve damage or inflammation.