Market Failures Include All of the Following EXCEPT

question 138

Multiple Choice

Market failures include all of the following EXCEPT

• A)equalization of quantity supplied and quantity demanded.
• B)public goods.
• C)positive externalities.
• D)negative externalities.

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Definitions:

Unusual In Nature

Events or transactions that are not typical of the normal activities of the entity and thus not expected to recur frequently or regularly.

Pro Forma Earnings

Financial results excluding one-time events to give investors an idea of a company's normal earnings potential.

Basic EPS

Basic Earnings Per Share, a calculation that shows how much earnings are available to common stockholders, on a per-share basis.

Sustainable Earnings

Earnings resulting from the core operations of a company, expected to continue into the future without significant variation.