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Define Market failure

User Ligia
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2 Answers

2 votes

Answer:

Market failure is the economic situation defined by an inefficient distribution of goods and services in the free market.

Step-by-step explanation:

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User Bdkosher
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4 votes

Answer:

MARKET FAILURE is defined as the economic situation in which there is inefficient distribution of goods and services.

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User Vivek Malhotra
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