Question

what are the limitations of market mechanism system in short​

Answer 1

Answer:

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.

Answer 2

Answer:

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.