Which of the following is least likely to be associated with market failure, and is consequently least likely to require any form of state regulation or intervention? O A. Hake fishing off the west coast of South Africa OB. The provision of education services in government schools OC The provision of education services in private schools D. The market for fast foods

Principles of Economics 2e
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Chapter12: Environmental Protection And Negative Externalities
Section: Chapter Questions
Problem 9SCQ: The rows in Table 12.7 show three market-oriented tools for reducing pollution. The columns of the...
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Which of the following is least likely to be associated with market failure, and is consequently least likely to require
any form of state regulation or intervention?
OA Hake fishing off the west coast of South Africa
OB. The provision of education services in government schools
OC The provision of education services in private schools
D. The market for fast foods
Fi
Previeus page
E s heretos
Transcribed Image Text:Which of the following is least likely to be associated with market failure, and is consequently least likely to require any form of state regulation or intervention? OA Hake fishing off the west coast of South Africa OB. The provision of education services in government schools OC The provision of education services in private schools D. The market for fast foods Fi Previeus page E s heretos
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