1 of 28 concepts completed multiple select question select all that apply which of the following are signs…

1 of 28 concepts completed multiple select question select all that apply which of the following are signs of a market failure? high demand for goods falling prices overallocation of resources underallocation of resources

1 of 28 concepts completed multiple select question select all that apply which of the following are signs of a market failure? high demand for goods falling prices overallocation of resources underallocation of resources

Answer

Brief Explanations:

Market failure occurs when the free - market system fails to allocate resources efficiently. Over - allocation and under - allocation of resources mean that resources are not being used in the most productive way, which are signs of market failure. High demand for goods is a normal market condition and falling prices can also be a normal market adjustment.

Answer:

C. Overallocation of resources D. Underallocation of resources