BUSINESS HIGH SCHOOL

Market failure occurs when a free market is unable toa. distribute resources efficiently.
b. provide open opportunity
c. meet government regulations.
d. encourage innovation

Answers

Answer 1
Answer:

The market failures can result in overproduction, underproduction, misallocation of resources, and negative externalities (such as pollution) address these failures and promote economic efficiency and societal well-being, governments may intervene through policies and regulations, such as taxes, subsidies, antitrust laws, and public provision of certain goods and services.

**Market failure occurs when a free market is unable to:**

**a. distribute resources efficiently.**

Explanation:

Market failure refers to a situation in which the free market system, left to its own devices without government intervention, fails to allocate resources efficiently.

Here's a breakdown of the options:

- **a. Distribute resources efficiently:** This is the correct statement. Market failure occurs when resources, such as goods and services, are not allocated in a way that maximizes societal welfare or efficiency.

Examples of market failure include externalities (positive or negative), public goods, information asymmetry, and monopolies, all of which can lead to inefficient resource allocation.

- **b. Provide open opportunity:** While providing open opportunity is an important aspect of a free market system, market failure is specifically related to inefficiencies in resource allocation, not necessarily a lack of opportunity.

- **c. Meet government regulations:** Market failure can occur in the presence of government regulations or in their absence.

Government regulations are often put in place to address market failures or prevent them, but market failures can still occur despite regulations.

- **d. Encourage innovation:** The role of market failure is not directly related to innovation.

However, innovation can be influenced by market conditions, and market failures may hinder or distort incentives for innovation.

For similar questions on Market failures

brainly.com/question/18958169

#SPJ6
Answer 2
Answer:

In economics, market failure is a situation in which the allocation of goods and services by a free market is not efficient, often it leads to a net social welfare loss. (Wikipedia definition)

The answer is A. Distribute resources efficiently.

Related Questions

On April​ 1, 2019, Barnes Services received a​ 9-month note for​ $12,000 at​ 12%. Calculate the amount of interest due at maturity.​ (Round any intermediate calculations to two decimal​ places, and your final answer to the nearest​ dollar.)
According to the FASB conceptual framework, the rele-vance of providing information in financial statements is subject to the constraint of:a. Comparability.b. Cost-benefit.c. Reliability.d. Faithful representation.
in 1 or 2 sentences identify a change (either increase or decrease) in supply or demand that would cause the equilibrium price to increase
Explain why the scenario below does or does not meet the definition of successful leadership. Situation: Barbara is the owner of a coffee shop. Two of her employees disagree on the best way to order the right amount of coffee. Barbara: "I've developed ordering software that uses our sales history to establish an average amount of coffee that we will order each week. This way we won't order too little and run out or order too much and have waste." Employee #1: "That makes sense." Employee #2: "I think that's a good idea."
Dividends are the periodic distribution of profits to investors. t/f

What is operation manegment

Answers

Operations Management refers to the administration of business practices to create the highest level of efficiency possible within an organization

Suppose ​$50 comma 000 is deposited at a bank. The required reserve ratio is 20 ​percent, and the bank chooses not to hold any excess reserves but makes loans instead. What are the​ bank's total​ reserves?

Answers

Answer:

$10,000

Explanation:

Provided amount deposited to bank = $50,000

Reserve ratio is 20%

And provided the company do not have any amount more than the required reserve, therefore balance in reserve = $50,000 * 20% = $10,000

Further remaining $50,000 - $10,000 = $40,000 will be advanced as loan, and will not form part of reserves.

Therefore, total reserve's of bank = $10,000

What is the last step in the medical billing cycle?

Answers

The last step of medical billing cycle is the Follow up payments and collections.
The first one usually is to Pre-register the patient
Second - Establish Financial responsibilityc
Third - Check in patient 
Followed by the checkout of patient
and so on until the last part of the process,

If you want to compare two different investments, what should you calculate?

Answers

Answer: B - ROI percentages

Explanation:

edge 2020

What is implied if a firm is losing money?

Answers

When price discrimination occur, implies that the firm is losing money.
When a company starts to charge customers a different prices in a certain product, this simply means that the company is losing money. The firm will charge customers based on their financial statuses.

True or false? Almost every phase of business and economic activity falls under some form of government regulation.

Answers

The right answer for the question that is being asked and shown above is that: "TRUE."Almost every phase of business and economic activity falls under some form of government regulation. This statement is true as far as the phase of business and economic activity is concerned.

Answer:

This statement is true on Edg.
Other Questions
Gameware recently entered the German market. Gameware executives also wanted to enter the Canadian market but had to delay the entry because of limited resources. What type of costs will Gameware incur as a result of being unable to enter the Canadian market?
Jefferson Inc. is an information technology consulting firm located in Washington D.C. Decisions at Jefferson are complex and involve many people, with a significant amount of disagreement and conflict. Which decision-making model fits best for this organization?
John qualifies for a high-interest car loan. Making a down payment will what
Advantages of borrowed capital