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Costa Costa
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6 years ago
The term market failure refers to:
A) the failure of firms to establish markets for their products
B) the failure of markets to clear so that equilibrium can be reached
C) malfunctions in the market mechanism that lead to inefficient outcomes
D) the failure of producers to increase supply in response to a shortage
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Microeconomics

Microeconomics


Edition: 2nd
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angelverdeangelverde
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6 years ago
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