Which of the following is an example of a market failurea, Ask an Expert

Economics

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.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91870331

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