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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #1090348
Introduction to Economics 1 Deneme Sınavı Sorusu #1090348
What occurs when the market falls short of allocating resources efficiently.
Supremacy of markets |
Market failure |
Scarcity |
Inflation |
Inequity |
Yanıt Açıklaması:
While the market mechanism generally leads to an efficient allocation of resources, markets
sometimes fail to achieve that. Economists call it a market failure when the market itself falls short of allocating resources efficiently.
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