what are the limitations of market mechanism system
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Market forces lead to sometimes misallocation of present and future resources or at least to one which may not be in the best long-run social interest, as the process fails to take care of priorities. Market mechanism fails to provide a proper guideline for using appropriate material for selecting project.
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Market forces lead to sometimes misallocation of present and future resources or at least to one which may not be in the best long-run social interest, as the process fails to take care of priorities.
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