Question

From society's perspective, in the presence of a demand-side market failure, the last unit of a good produced typically:

Answer 1

From society's perspective ........................... the last unit of a good produce typically COST MORE TO PRODUCE THAN IT PROVIDES IN BENEFITS.
Demand side market failure is said to occur when the consumers' full willingness to pay for a good or service is not fully capture in the demand for the good or service.