Which of the following is an example of market failure? – McqOptions

MCQOPTIONS

1.	Which of the following is an example of market failure?
A.	Prices do not reflect the full social cost of production
B.	A firm goes out of business because it cannot find a market for its products
C.	Prices rise so that the consumers cannot afford the products they want to buy
D.	Producer surplus is maximized
Answer» B. A firm goes out of business because it cannot find a market for its products

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