Markets can be missing if:
A) there is a lack of technology that would make the exchanges possible.
B) there is a ban on the sale of a particular good.
C) there is a lack of accurate information between potential buyers and sellers.
D) All of these are true.

Question

Quizplus · Accepted Answer

All of these options can lead to markets being missing. Without the necessary technology or infrastructure, exchanges cannot take place. If a good is banned, there will not be a market for it. Finally, if buyers and sellers do not have accurate information, they may not be able to find each other, negotiate prices, or make transactions.

Markets Can Be Missing If