cornelius owns grand games, a high-end store that retails games and toys that are handcrafted and carefully selected. cornelius targets customers who value artisanal work, such as backgammon sets made from reclaimed lumber by local crafters. there are several stores in the area that sell mass-made toys and games that are much cheaper. to compete, cornelius offers "game nights" where he sets up game boards and invites local teens and adults to take part in light-hearted competitions, where the winners receive a 10% discount on their next purchase. cornelius also takes custom orders for game pieces that his customers want, such as 12-sided dice or newly invented games. all of cornelius’s activities are aimed at giving grand games a sustainable competitive advantage through

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.