Excessive Pollution Is an Example of Market Failure

question 115

True/False

Excessive pollution is an example of market failure.

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Definitions:

Consumer Organization

An advocacy group that seeks to protect and inform consumers about their rights and interests.

Television Set

An electronic device designed for viewing television broadcasts or other visual content.

Probability

A measure of the likelihood that an event will occur, represented as a number between 0 and 1.

Eligible Voter

An individual who meets the criteria set by law for voting in an election.