Which of the Following Is a Source of Market Failure

question 179

Multiple Choice

Which of the following is a source of market failure?

• A)unforeseen circumstances which leads to the bankruptcy of many firms
• B)a lack of government intervention in a market
• C)incomplete property rights or inability to enforce property rights
• D)an inequitable income distribution

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Definitions:

Local Nerve Damage

Injury or dysfunction of one or more nerves in a specific area, often leading to pain, numbness, or weakness.

Mobile Patient

A patient who is able to move or walk independently without assistance.

Tinea Pedis

A fungal infection of the foot, commonly known as athlete's foot, characterized by itchy, cracked, and peeling skin.

Salicylic Acid

A beta hydroxy acid used in skincare products for its exfoliating properties, and medically for its role in reducing inflammation and treating warts.