When Markets Fail

question 129

Multiple Choice

When markets fail:

• A)government intervention may help.
• B)the market realizes the maximum possible gains from trade given the available resources.
• C)there may still be an efficient allocation of resources.
• D)no goods and services are produced.

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Definitions:

Bilingual Schooling

An educational approach where students are taught curriculum content in two languages, aiming to develop fluency and literacy in both.

Social Communication

The process of using language and nonverbal cues to share information, ideas, and feelings with others in various social contexts.

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Independent schools financed by public funds, initiated by educators, parents, or community organizations based on the conditions of a charter agreement with local or national authorities.

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are educational institutions funded and administered by the government, providing free education to students.