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A _____________ exists when the private sector does not provide necessary goods and services because it is not profitable to supply them. a. government failure b. market failure…

A _____________ exists when the private sector does not provide necessary goods and services because it is not profitable to supply them. a. government failure b. market failure…
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A _____________ exists when the private sector does not provide necessary goods and services because it is not profitable to supply them.

a. government failure
b. market failure
c. property right
d. consumer surplus

asked
User Ken Wolf
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1 Answer

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The right answer is b market failure.
A market failure exists when the private sector does not provide necessary goods and services because it is not profitable to supply them.
answered
User Hatemjapo
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7.9k points
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