Business, 01.07.2021 21:20 rebekahlm

Demand-side market failures occur when Group of answer choices a good or service is not produced because no one wants it. government imposes a tax on a good or service. demand curves don't reflect consumers' full willingness to pay for a good or service. demand curves don't reflect the full cost of producing a good or service.

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Answer from: paige1616

demand curves don't reflect consumers' full willingness to pay for a good or service.

Explanation:

The market failure with regard to the demand curve arise at the time when the demand curve does not show the full willingness of the consumer for paying to purchase a good or taking any kind of service

Also the market failure is the situation where the distribution of the goods or services via free market is inefficient.

So the above statement should be considered

Answer from: Quest

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