Economy, asked by shrejaltamore16, 2 months ago

15.
The term market failure refers to
(a) A market that fails to allocate resource efficiently
(b) An unsuccessful product
(c) Cut throat competition among firms
(d) A firm that is forced out of business because of losses

Answers

Answered by nikitasharma2961

0

Answer:

A firm that is forced out of business because of losses

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