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Homework answers / question archive / Which of the following is an example of a market failure? a
Which of the following is an example of a market failure?
a. There are not enough tickets available to concerts of extremely popular performers and artists.
b. Successful public schools provide benefits to the students who attend them, as well as to the community as a whole, including those who don't go to those public schools.
c. Sharply declining prices of electronic equipment result in large numbers of bankruptcies in the computer industry.
d. The price of medical care has risen dramatically as a result of the introduction of sophisticated equipment and procedures.
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