Negative Externality and Information Failure Are Both Examples of What

question 7

Multiple Choice

Negative externality and information failure are both examples of what?

• A) politics
• B) market failure
• C) political culture
• D) toll goods

---

Definitions:

Smart

Having or showing a quick-witted intelligence or incorporating technology that allows for operation in a more efficient or sophisticated manner.

Purchasing

Purchasing involves the process of acquiring goods or services in exchange for money or its equivalent.

Electronic Exchanges

Online platforms where buyers and sellers can meet to trade goods, services, or securities.

Transactions

The action of conducting business, trading, or an exchange between parties.