Which of the following best exemplifies a failure of market outcome?
A) Secondhand smoke can put the health of children at risk.
B) Consumers often don't know as much about the car they are buying than the person selling the car does.
C) Adults with emphysema find it difficult to quit smoking even though they know that smoking worsens their health and they want a long life.
D) Some people can enjoy the use of a public park without paying for it.

Question

Quizplus · Accepted Answer

The Answer of Which of the following best exemplifies a failure of market outcome?
A) Secondhand smoke can put the health of children at risk.
B) Consumers often don't know as much about the car they are buying than the person selling the car does.
C) Adults with emphysema find it difficult to quit smoking even though they know that smoking worsens their health and they want a long life.
D) Some people can enjoy the use of a public park without paying for it.

Which of the Following Best Exemplifies a Failure of Market