Which of the following does not represent a market failurea, Ask an Expert

Economics

Which of the following does NOT represent a market failure?

a. Insufficient production of public goods, such as highways and national defense.

b. Imperfect competition such as monopolies.

c. Bankruptcies exist in the economy.

d. Negative externalities such as pollution.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91952710

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