All of the Following Are Possible Reasons for Market Failure

question 76

Essay

All of the following are possible reasons for market failure, except:
A.monopoly firms.
B.externalities.
C.public goods.
D.extremely high prices for medical care.

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Definitions:

Inhibitory Postsynaptic Potential

Hyperpolarization in the postsynaptic membrane, which causes the membrane potential to move away from threshold.

Monamine Oxidase Inhibitors

A class of drugs that inhibit the activity of monoamine oxidase enzymes, used primarily to treat depression.

Norepinephrine

A neurotransmitter and hormone involved in the body's fight or flight response, influencing heart rate and blood pressure.

Synaptic Cleft

The synaptic cleft is the gap between two nerve cells at a synapse, across which neurotransmitters are sent to transmit signals from one neuron to another.