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Market failure (view source)

Revision as of 15:38, April 25, 2007

174 bytes added ,  15:38, April 25, 2007
New page: Market failure is the inability of an economy or market to allocate its resources efficiently. Often the failure is due to an externality, such as a war or natural disaster.
Market failure is the inability of an economy or market to allocate its resources efficiently. Often the failure is due to an externality, such as a war or natural disaster.
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