Question

Mention the social implication of imperfect market

Answer 1

Explanation:

Implications of Imperfect Markets

Situations can arise in which too few sellers control too much of a singlemarket, or when prices fail to adequately adjust to material changes in marketconditions. It is from these instances that the majority of economic debate originates.

Answer 2

Explanation:

it is the social implication of imperfect market...... :)