What Is a Common Theme Among Examples of Market Failure

question 148

Multiple Choice

What is a common theme among examples of market failure

• A)The good being provided always harms society in some systematic way.
• B)Some item of value does not have an owner with the legal authority to control it.
• C)Cost-benefit analysis is likely to lead to implementation policies that promote private provision of goods and services.
• D)There are regulations that prohibit the efficient functioning of private markets.

---

Definitions:

Earn

To receive payment for work done or services rendered.

First Year

Typically refers to the initial year of an endeavor or period, such as the freshman year in educational settings or the inaugural year of a business.

Diversity Training

Educational programs aimed at increasing participants' cultural awareness, knowledge, and skills to handle the diversity within the workplace respectably and effectively.

Particular Needs

Specific requirements or desires of individuals or groups that need to be addressed or fulfilled.