When producers do not produce the efficient amount of a product because they are unable to charge consumers what they need to do so, then there exists a
A)demand-side market failure.
B)supply-side market failure.
C)competitive market.
D)monopolistic market.

Question

Quizplus · Accepted Answer

The Answer of When producers do not produce the efficient amount of a product because they are unable to charge consumers what they need to do so, then there exists a
A)demand-side market failure.
B)supply-side market failure.
C)competitive market.
D)monopolistic market.

When Producers Do Not Produce the Efficient Amount of a Product