Ramel v CENGAGE | MINDTAP Q Search this course ? My Home Module One Quiz X Courses Back to Assignment Catalog and Study Tools Attempts Keep the Highest / 2 A-Z Rental Options 9. Property rights and market failures College Success Tips Bakers are much more * likely to supply pastries to the market if property rights are not enforced. Career Success Tips In the presence of market failures, public policy can improve economic efficiency. ? Help Give Feedback Classify the source of market failure in each case listed. Market Market Failure Power Externality A manufacturing plant dumps chemical waste into a nearby river, poisoning the water supply for a small town O O downstream. A single grocery store is the only source of food in a small town, giving the store the ability to influence the price O O of food. Grade It Now Save & Continue At Continue without saving O