Question

18. Which one of the following would be an example of a demand - side market failure ? A. A gas station is slowly leaking diesel fuel from its underground tanks , but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay B. Everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console , and the store runs out before everyone is able to buy one C. A gas station is slowly leaking diesel fuel from its underground tanks , and after the leak is discovered the business immediately cleans up the pollution at its own expense D. Your business wants to attract repeat customers by putting on a customer - appreciation picnic at a public park , but you decide not to because you couldn't prevent from consuming the food and entertainment you provided ,

Answer 1

Answer:

C

Explanation:

The business would be loosing it's own money because it's using it's own expense to clean up the pollution which is a side market failure because you are loosing money instead of gaining.