Environmental Sciences, asked by Prakhar1665, 1 year ago

Why pollution is an example of market failure?

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Answered by anirban9474700846
1

The structure of market systems contributes to market failure. In the real world, it is not possible for markets to be perfect due to inefficient producers, externalities, environmental concerns, and lack of public goods. ... Air pollution: Air pollution is an example of a negative externality.

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