Question

explain the reasons for market failure for environmental goods​

Answer 1

Answer:

Reasons for market failure include: positive and negative externalities, environmental concerns, lack of public goods, underprovision of merit goods, overprovision of demerit goods, and abuse of monopoly power.

Answer 2

Answer:

Reasons for market failure include: positive and negative externalities, environmental concerns, lack of public goods, underprovision of merit goods, overprovision of demerit goods, and

abuse of monopoly power.