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what is market failure? anybody can tell me.?
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02-27-2014, 11:16 PM
Post: #2
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So, I'm guessing you're asking because of economics class. You'll want to look up and mention different types of market failures. Some examples are monopolies, oligopolies and externalities. A market failure is any time that a market can not successfully and efficiently allocate resources. My source will point you to a more thorough definition.
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Messages In This Thread |
what is market failure? anybody can tell me.? - kammy - 02-27-2014, 11:02 PM
[] - Brandon B - 02-27-2014 11:16 PM
[] - fzaa3's lover - 02-27-2014, 11:27 PM
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