A common theme among examples of market failure is
A)the good being provided harms society in some systematic way.
B)some item of value does not have an owner with the legal authority to control it.
C)cost-benefit analysis will show that private markets should provide the goods and services.
D)government intervention decreases the social benefits.

Question

Quizplus · Accepted Answer

Market failure often occurs when there is a lack of ownership or control over resources, leading to inefficient allocation and use, such as in the case of public goods or externalities.

A Common Theme Among Examples of Market Failure Is