Register
According to the lecture, a market failure is when a market outcome does not provide the _____________________________________.
102,316 views
44 votes
44 votes
According to the lecture, a market failure is when a market outcome does not provide the _____________________________________.

User Lewsid
by
3.1k points

1 Answer

13 votes
13 votes

Answer:

distribution of goods and services

Step-by-step explanation:

Market failure occurs when there is a state of disequilibrium in the market due to market distortion. It takes place when the quantity of goods or services supplied is not equal to the number of goods or services demanded.

User Orlene
by
2.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

Soon after a volcano becomes an island, coral reefs start growing around its edges. These reefs are called a. barrier reefs b. fringing reefs c. artificial reefs
The powers of the federal government are A. explained in the Constitution. B. decided by the states. C. protected in the Bill of Rights. D. shared by state governments.
The department that oversees the application of antitrust laws and environmental and civil rights issues and runs the Federal Bureau of Investigation and the Drug Enforcement Administration is the _____.
What two developments changed life in preindustrial societies?
What is an “Unrestricted Submarine Warfare”?
Link Copied!