The health care market is characterized by a number of market failures including... a) Monopoly b) Externalities c) Public goods d) Prices e) Asymmetry of information (e.g. Adverse Selection, Moral Hazard) Question 13 options: "a" and "b" only "a", "b", "c", and "e" only "a", "b", and "c" only "d" only "a", "b", "c", "d" and "e