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What is a market failure?
A. A market failure is when the market fails to produce deadweight loss.
B. A market failure is when production occurs at high social cost.
C. A market failure is when consumption occurs at low social benefit.
D. A market failure is when the market fails to produce the efficient level of output.
E. All of the above.
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Business, 22.06.2019 19:50, annabanana1298
Juan's investment portfolio was valued at $125,640 at the beginning of the year. during the year, juan received $603 in interest income and $298 in dividend income. juan also sold shares of stock and realized $1,459 in capital gains. juan's portfolio is valued at $142,608 at the end of the year. all income and realized gains were reinvested. no funds were contributed or withdrawn during the year. what is the amount of income juan must declare this year for income tax purposes?
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What is a market failure?
A. A market failure is when the market fails to produce deadweight loss....
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