Which of the Following Phenomena Is NOT an Example of Market

question 10

Multiple Choice

Which of the following phenomena is NOT an example of market failure?

• A)moral hazard
• B)a positive externality
• C)asymmetric information
• D)diminishing marginal returns
• E)public goods

---

Definitions:

Financial Organization

An entity that provides financial services such as investments, insurance, banking, or brokerage services.

Uncollectible Accounts

Debts owed to a company that are considered to be uncollectible from debtors or customers, often written off as bad debts.

Credit Analysis

The process of evaluating an individual's or organization's ability to repay a loan or debt.

Accounts Receivable

Outstanding payments that customers are required to make to a business for received goods or services.