Solved

Which of the Following Is an Example of a Market

Question 1

Multiple Choice

Which of the following is an example of a market failure?


A) There are not enough tickets available to concerts of extremely popular performers and artists
B) The price of medical care has risen dramatically as a result of the introduction of sophisticated equipment and procedures
C) Successful public schools provide benefits to the students who attend them, as well as to the community as a whole including those who don't go to those public schools
D) Extensive decreases in the prices of electronic equipment resulted in large numbers of bankruptcies in the computer industry

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents