Home-myCCBC Pearson\'s Myab & Mastennc × @ Taan a Test-Bata Thapa Ma. / \\ + X S

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Home-myCCBC Pearson's Myab & Mastennc × @ Taan a Test-Bata Thapa Ma. / + X Secure l https://www.mathd. com/Student/PlayerTest.aspx?testld-188956468 ECON 201 FALL 2018 Quiz: Chapter 5 Quiz This Question: 1 pt 41 of 10 (0 complete) Market failure occurs when O A the unrestrained market economty leads to too tew or too many resources oing to a specific economic activity O 8 the market system fais to allocate an equal share of sesources to all individals O C the market system fails to allocate sesources to each individual according to their needs D. the market system tals to °cate resources to each indvanl according to ther abuses Click to select your ansver

Explanation / Answer

Option A

Explanation: In market failure, resources are not allocated optimally. As a result, allocation in some economic activities is more than optimum allocation and in some other activities less than optimum level.

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