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Which of the following is a possible source of market failure as economists use the term?
04-08-2014, 04:34 AM
Post: #2
 
The answer is D.A and C are the case of perfectly competitive market which will be efficient. B is a good case of externalities.It won't cause a market failure.Only D will create a market power and market failure.

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[] - Anjaree - 04-08-2014 04:34 AM

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