HELP PLEASE
Which of the following is not a market failure?

a. A lack of competition in some markets.

b. Prices determined in competitive markets, which consumers, as individuals, have no control over.

c. The presence of externalities in some markets.

d. A lack of public goods desired by a majority of citizens.

Respuesta :

Answer: a

Explanation: competition is a bad thing. Since their  is no competition is benefiting not failing.

The answer is option A