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Which of the following is an example of market failure?
Larger Firms
Companies or enterprises that are significant in size, often having a large number of employees, operations, and market influence compared to smaller businesses.
Smaller Firms
Companies with a relatively small number of employees, market share, or revenue, often characterized by more flexible operations.
Horizontal Merger
A business consolidation that occurs between firms operating in the same industry or sector.
Conglomerate Company
A large corporation comprised of diverse subsidiaries or businesses across various industries, often with different operational focus.
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