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Government failure may result from a.)Operational inefficiency by the public sector only. b.)Misallocation of resources only. c.)Accurate valuations of benefits but inaccurate valuations of costs.

Government failure may result from

a.)Operational inefficiency by the public sector only.

b.)Misallocation of resources only.

c.)Accurate valuations of benefits but inaccurate valuations of costs.

d.)Outright waste of resources by the public sector or misallocation of resources.

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