Market failure is a situation in which a. the market does not provide the ideal or optimal amount of a particular good. there are too many buyers but...

Market failure is a situation in which

a. the market does not provide the ideal or optimal amount of a particular good.

b. there are too many buyers but not enough sellers.

c. prices are too high for "average" people to buy necessities.

d. there is a question over the quality of a product for sale.