Which of the following is an example of a missing market?
A) The market to buy and sell children for adoption
B) The market for typewriters
C) The market for student loans
D) None of these exemplify a missing market.

Question

Quizplus · Accepted Answer

A missing market refers to a situation where there is a demand for a good or service, but no supply exists due to legal, moral, or other reasons. The market to buy and sell children for adoption is an example of a missing market because, while there might be demand and potential supply, legal and moral considerations prevent such a market from existing openly.

Which of the Following Is an Example of a Missing