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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
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
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angelverdeangelverde
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6 years ago
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Costa Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
SlimyPencil
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
shelbycox
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2 hours ago
Thanks for your help!!
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