We Say a Market Is "Missing" When

question 71

Multiple Choice

We say a market is "missing" when:

• A) there is no place for potential buyers and sellers to exchange a particular good or service.
• B) the quantity being exchanged is at or close to zero.
• C) there is an absence of a well-functioning market, and total surplus is lower than it could be.
• D) All of these are correct.

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