Which of the following statements about market failure is not true: Question 14 options:
A. Market failure always results from some government action or policy in a market.
B. Market failure can come from causes on the demand-side or the supply-side of a market.
C. Market failure can result from the number of sellers in a market being too few to ensure competition.
D. Market failure causes an inefficient allocation of resources, even in a competitive market.
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