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Market failure means that: Select one: a.the market price system fails to operate efficiently, creating a problem for society. b.government always has to intervene in

Market failure means that:

Select one:

a.the market price system fails to operate efficiently, creating a problem for society.

b.government always has to intervene in all markets.

c.markets always produce efficient outcomes for society.

d.government should never intervene in markets.

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