Which of the Following Can Lead to Market Failure

question 70

Multiple Choice

Which of the following can lead to market failure?

• A)externalities and market power
• B)externalities but not market power
• C)market power but not externalities
• D)neither externalities nor market power

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Definitions:

Membership Support

Assistance and services provided to members of an organization, club, or online platform, often including access to exclusive resources, helpdesks, and community features.

Union Formation

The process of organizing a group of workers into a union to negotiate collectively with their employer regarding wages, working conditions, and other employment rights.

Certify

The act of officially confirming the authenticity or validity of something, typically through a formal statement or document.