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Kiyaa Kiyaa
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A year ago
What is meant by the term "market failure"?

▸ that a small group in society is affected

▸ that one or more markets are not in equilibrium

▸ that the free market has failed to achieve desirable social goals

▸ that the market economy is a failure

▸ that allocative efficiency has not been achieved
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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catdastercatdaster
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A year ago
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Kiyaa Author
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A year ago
Brilliant ツ
jaray75
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Yesterday
Good timing, thanks!
Danivalda
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2 hours ago
Helped a lot
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