Market failure occurs because
a. the market system forces individuals to consider the social consequences of their actions.
b. the market system does not make individuals responsible for the private costs/benefits of their actions.
c. the market system forces individuals to consider the social and private consequences of their actions.
d. the market system does not make individuals responsible for the social costs/benefits of their actions.

Question

coco9841 coco9841

16-03-2018
Business

contestada

Market failure occurs because
a. the market system forces individuals to consider the social consequences of their actions.
b. the market system does not make individuals responsible for the private costs/benefits of their actions.
c. the market system forces individuals to consider the social and private consequences of their actions.
d. the market system does not make individuals responsible for the social costs/benefits of their actions.

Respuesta :

Otras preguntas

What is the relationship between the size of the planet and its distance from the sun ?

I have a Triangle and I need to find the side BC?

what does 'don't hold your breath' mean?

what does it mean to be 'left in the dark'?

what is the exponential notation of this 90.000.000 ?

Which of the the following could be the ratio between the lengths of the two legs of a 30-60-90?Check all that apply.

The figure is made up of two identical squares and has a perimeter of 42 inches. What is the area of one square?

The spread of the factory system resulted in all of the following EXCEPT: a. the movement away from home production. b. poorer quality of iron. c. the need for

There are 130 red, blue and green marbles in a bag. The ratio of red to blue to green is 5:3:2 respectively. How much marbles in the bag are blue?

What are the major divisions of heart

ahmedishaal ahmedishaal · Answer 1 · 2018-03-27T05:37:51+02:00

The correct choice is "d. the market system does not make individuals responsible for the social costs/benefits of their actions".

In economics, market failure refers to a circumstance in which the designation of products and ventures isn't proficient, frequently prompting a net social welfare misfortune. Market failures can be seen as situations where people's quest for pure self-premium prompts comes about that are not effective – that can be enhanced from the societal perspective.