Economy, asked by standel1996, 4 months ago

3.
The term market failure refers to​

Answers

Answered by riddhima8
2

Answer:

Market failure is the economic situation defined by an inefficient distribution of goods and services in the free market. In market failure, the individual incentives for rational behavior do not lead to rational outcomes for the group.

hope it helps you

Previous Question
Next Question
Similar questions
English, 1 month ago
fill in the blank degree of adjective.(b)meera is the ____ girl in the class.(large)​...
English, 1 month ago
noun, plural: amoeboids. (1) A group of protozoans characterized by their amoeboid movement by means of temporary projections called pseudopods. (2) An amoeba-like cell; any cell capable of amoeboid movement. adjective. Of, pertaining to, resembling amoeba.
Math, 1 month ago
Half of 4 hours 40 minutes​...
English, 4 months ago
if I were you I _(construct) an independent house...
Math, 4 months ago
a) Find the side of a square with Perimeter 240 sqcm.​
English, 11 months ago
Describe the character of the boy. In the chapter the beekeeper and the bewitched hare, class 7, Ch 1 , Literature. plz plz answer ..It will be a great help...
Biology, 11 months ago
Give the Correct Answer. ​
Math, 11 months ago
In Fig. 8.13, find tan P-COLR. If sin A = - 3 4 calculate cos A and tan A​...