Sources of market failure include
A) private goods.
B) imperfect information.
C) inflation.
D) perfect competition.

Name: Sources of market failure include A) private goods. B) imperfect information. C) inflation. D) perfect competition.
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Question

Quizplus · Accepted Answer

Market failure can occur due to imperfect information, where consumers or producers do not have complete knowledge about the product or market conditions, leading to inefficient outcomes.

Sources of Market Failure Include