Market Failure

Market Failure

9th - 12th Grade

14 Qs

quiz-placeholder

Similar activities

Mobile legends quiz melayu

Mobile legends quiz melayu

1st Grade - Professional Development

13 Qs

Pakeman basa

Pakeman basa

9th Grade

10 Qs

A Globalização

A Globalização

10th Grade

10 Qs

Basic wage calculations

Basic wage calculations

8th - 10th Grade

15 Qs

las palabras según el Acento.

las palabras según el Acento.

1st - 12th Grade

15 Qs

BSMM SMKTD2 - khemah & pemasangan

BSMM SMKTD2 - khemah & pemasangan

7th - 11th Grade

13 Qs

Sewing Equipment Uses

Sewing Equipment Uses

7th - 9th Grade

11 Qs

vehicle transmission and driveline units(a)

vehicle transmission and driveline units(a)

KG - 12th Grade

10 Qs

Market Failure

Market Failure

Assessment

Quiz

Business, Other, Social Studies

9th - 12th Grade

Practice Problem

Medium

Created by

Susan Guan

Used 8+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A market failure is best described as

The idea that market forces of supply and demand always provide the maximum benefit for society
The idea that market forces of supply and demand do not always provide the maximum benefit for society
The concept that a decision made by one party can have negative effects on another party
The concept that a decision made by one party can have positive effects on another party

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The benefits experience by the producer and/or consumer directly involved in an economic transaction.

Private costs

External costs

Private benefits

External benefits

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The benefits received by third parties.

Private costs

External costs

Private benefits

External benefits

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The negative effect received by third parties

Private costs

External costs

Private benefits

External benefits

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The costs borne by the producer or consumer directly involved in a transaction

Private costs

External costs

Private benefits

External benefits

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The benefit your neighbor receives from hearing you play your pleasant music

Private costs

External costs

Private benefits

External benefits

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The annoyance of your neighbor because she doesn’t like your achingly conventional music

Private costs

External costs

Private benefits

External benefits

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?