Which of these are signs that there might be a market failure? (check all that apply)
Customers are unable to tell the difference between high-quality and low-quality products | Correct |
Sellers agree with each other to raise prices | Correct |
The market is completely unregulated | Wrong |
Sellers agree not to compete with each other and offer a reduced selection of products | Correct |
In fact, unregulated market means market success, it can manage itself!
No comments:
Post a Comment