Causes of Market Failure Include

question 60

Multiple Choice

Causes of market failure include

• A)externalities and market power.
• B)market power and incorrect forecasts of consumer demand.
• C)externalities and foreign competition.
• D)incorrect forecasts of consumer demand and foreign competition.

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Definitions:

Periodically Moving

The act of changing physical location or position on a regular or structured basis, often for reasons such as job rotation or relocation.

Employees

Individuals who are hired by an organization to carry out various tasks, functions, and responsibilities in exchange for compensation.

Extra Paychecks

Additional salary payments beyond the regular payment schedule, often as bonuses or for special occasions.

Relies

The act of depending on or trusting in something or someone for support or help.