[Solved] What Does the Term Market Failure Mean

Question 21
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What does the term market failure mean?


A)The inability of markets to ensure that people get what they want.
B)The inability of markets to ensure that an efficient or equitable allocation of resources is attained.
C)The inability of the government to ensure that productive or allocative efficiency is attained.
D)The inability of the government to ensure that people get what they want.

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