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Which of the following is the best example of a supply-side market failure?

No one provides street lights in a town because, once the lights are in operation, people don't have to pay to use them.
A firm keeps its production costs down by dumping its waste in the nearby river, adversely affecting water quality for residents in the area.
Government imposes taxes on the production of a socially desirable good.
Street performers don't get full payment for the value of their output because people watch and enjoy the shows without paying the artist.

Sagot :

Abiolataiwo2015idn

The statement that is the best example of a supply-side market failure is: B. A firm keeps its production costs down by dumping its waste in the nearby river, adversely affecting water quality for residents in the area.

What is  supply-side market failure?

Supply-side market failure can be defined as the way in which a seller and buyer does not have equal access to market  information.

Market failure can  tend to have effect on the market for goods and services based on the fact that it can tend to lead to  inefficient distribution of product in the market.

Therefore we can conclude that the correct option is B.

Learn more about Supply-side market failure here:https://brainly.com/question/13120609

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