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what is the correct answer? 28. Market failure occurs when A) resources are misallocated or allocated inefficiently. B) perfectly competitive firms produce where MR =

what is the correct answer?

28. Market failure occurs when

A) resources are misallocated or allocated inefficiently.

B) perfectly competitive firms produce where MR = MC.

C) firms are able to earn only a normal profit.

D) firms that are incurring losses continue to produce

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