Market failure
Market failure is a case where markets fail to efficiently provide or allocate goods and services.The main reasons for market failure include:
- monopoly
- externality
- assymetrical information
- public goods
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Market failureMarket failure is a case where markets fail to efficiently provide or allocate goods and services.The main reasons for market failure include:
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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Market failure".