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apadong apadong
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7 years ago
Market failure occurs when
A) firms that are incurring losses leave a market.
B) firms are only able to earn a normal profit.
C) perfectly competitive firms produce where MR = MC.
D) resources are misallocated, or allocated inefficiently.
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goldlilysgoldlilys
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#1
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7 years ago
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apadong Author
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7 years ago
Good timing, thanks!
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veronee_madison
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2 hours ago
You make an excellent tutor!
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