Which of the following is not a cause of market failure?

A) Incomplete information
B) Externalities
C) Individuals acting according to their own self-interest
D) Public goods

Market Failure

Situation in which an unregulated competitive market is inefficient because prices fail to provide proper signals to consumers and producers.

Incomplete Information

A situation in economics where all parties in a transaction do not have full and equal knowledge.

Externalities

Economic side effects or by-products that affect an uninvolved third party; can be positive or negative, such as pollution or public parks.