Market Failure Is a Situation in Which

question 38

Multiple Choice

Market failure is a situation in which

• A)negative economic profits persist in the long run.
• B)negative economic profits exist in the short run.
• C)the market does not provide the ideal or optimal amount of a particular good.
• D)the market provides the ideal or optimal amount of a particular good.

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Definitions:

Microglial Cells

Specialized cells within the brain and spinal cord that act as the first and main form of active immune defense in the central nervous system.

Astrocytes

Star-shaped glial cells in the brain and spinal cord, involved in repair and scarring processes of the brain and spinal cord following traumatic injuries.

Mitochondrion

A cell organelle that generates most of the cell's supply of adenosine triphosphate (ATP), used as a source of chemical energy.

Nucleus

A membrane-bound organelle in eukaryotic cells that contains most of the cell's genetic material, organized as multiple long linear DNA molecules in complex with a large variety of proteins.