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?     a) Hake fishing off the west coast of South Africa   b) The provision of education services in government schools.   c) The provision of education services in private schools   d) The market for fast foods

MACROECONOMICS FOR TODAY
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ISBN:9781337613057
Author:Tucker
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Chapter4: Markets In Action
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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?
 
 
a) Hake fishing off the west coast of South Africa
 
b) The provision of education services in government schools.
 
c) The provision of education services in private schools
 
d) The market for fast foods 
 
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