Which of the following is an example of market failure?

CA Foundation · Business Economics · RTP · January 2025
Which of the following is an example of market failure?
(A) A. Externalities
(B) B. Low prices
(C) C. Excess supply
(D) D. Excludable and rival goods

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Externalities

Topics: Public Finance

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