Examlex
Which of the following statements is correct?
Market Failure
A situation where the allocation of goods and services by a free market is not efficient, often justifying government intervention.
Self-Interest
The consideration of one's own advantage or well-being above the welfare of others or the community.
Society
A community of people living together in an ordered community, sharing customs, laws, and organizations.
Free Parking
A situation where parking spaces are provided without charge, often influencing car usage and urban congestion.
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