An example of an externality is the impact of .bad weather on the income of farmers.A O the personal income tax on a person's ability to purchase goods and services. O increases in health care costs on the health of individuals in society.CO pollution from a factory on the health of people in the vicinity of the factory.D O ESLIUI Market failure refers to: When prosperity is distributed uniformly among society's members When society gets the most from its scarce resources A situation in which the market on its own fails to produce an efficient allocation of resources A situation in which everything must be given up to obtain another OOOO Market failure refers to: OOO When prosperity is distributed uniformly among society's members When society gets the most from its scarce resources A situation in which the market on its own fails to produce an efficient allocation of resources A situation in which everything must be given up to obtain another