Which of the Following Is an Example of Market Failure

question 236

Multiple Choice

Which of the following is an example of market failure?

• A) Public goods.
• B) Externalities.
• C) Lack of competition.
• D) all of the above.

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Definitions:

Disjunctive

Relating to a logical disjunction, characterized by the use of "or" in presenting alternatives or options where at least one must be true.

Disjunctive

Pertaining to a logical relation involving a choice between two clauses where at least one must be true.

Either Or

A logical proposition or choice implying that one out of two possible options must be selected or is true, excluding simultaneous truth or selection of both.

Disjunctive Conclusion

A logical inference which results from a disjunction in which at least one of the stated alternatives must be true.