It's impossible to identify a solution for market failure without clearly identifying what a market failure is and why it persists. The common interpretation of market failure is the failure of a market to live up to the standards of perfect competition that leads to an efficient distribution of goods and services.
I believe this definition refers to microaggressions.
It is a term that has been around in sociology for some time, and refers to these casual racial insults that may not seem racial to the person who says them. For example, asking an Asian person where he or she is from, to which they say - New York, and then asking them - No, really, where are you from?, as if you don't believe they are American.
Answer: The answer is a). Federal Trade Commission (FTC)
Explanation: The Federal Trade Commission (FTC) was created on September 26, 1914. It is an independent agency of the United States government whose purpose is to enforce the provisions of the Federal Trade Commission Act, which prohibits "unfair or deceptive acts or practices in commerce" and also, aid in the promotion of consumer protection.
The FTC's Bureau of Consumer Protection stops unfair, deceptive and fraudulent business practices by:
-Collecting complaints and conducting investigations.
-Suing companies and people that break the law.
-Developing rules to maintain a fair marketplace.
-Educating consumers and businesses about their rights and responsibilities
The correct answer that would best complete the given statement above would be RACIAL DISPARITIES. <span>Widespread adoption of intermediate sanctions may further exacerbate racial disparities in prison populations. Intermediate sanctions is defined as </span><span>new punishment options developed to fill the gap between traditional probation and traditional jail or prison sentences </span>Hope this answers your question. Thanks for posting it.