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Business, 31.07.2019 03:50 kl8774

Market failure is said to occur whenever: a. private markets over- or under-allocate resources. b. prices rise. c. some consumers who want a good do not obtain it because the price is higher than they are willing to pay. d. the government intervenes in the functioning of private markets.

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Market failure is said to occur whenever: a. private markets over- or under-allocate resources. b....
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