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A market failure is when markets do not bring about profit maximization?
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I answered the following questions, butI just want to make sure Im on the right track. Please assist...
What are the differences
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I know that Market Failure occurs when markets lead to inefficiency. But what are the reasons that cause Market Failure? please
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When does market failure occur?
Markets create low prices for luxuries. Markets create high prices for necessities. Markets fail
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When does market failure occur?
Markets create high prices for necessities. Markets create low prices for luxuries. Markets fail
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