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:

Leakage

In the context of psychology, leakage may refer to unconscious signs of hidden thoughts or emotions. In security, it refers to the unauthorized disclosure of confidential information.

Supervisor

Pertains to an individual who oversees and guides the work or tasks of others, ensuring standards and goals are met.

Mindfulness

A practice of maintaining a nonjudgmental state of heightened or complete awareness of one's thoughts, emotions, or experiences on a moment-to-moment basis.

Eastern Cultures

Societies or groups of people from the eastern parts of the world, often emphasizing collective values and traditional practices.