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Business, 08.10.2019 22:00 ethans5

Market failure occurs when

a. the market system fails to allocate resources to each individual according to their needs.

b. the market system fails to allocate an equal share of resources to all individuals.

c. the market system fails to allocate resources to each individual according to their abilities.

d. the unrestrained market economy leads to too few or too many resources going to a specific economic activity.

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Market failure occurs when

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