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.

Yorumlar
  • 0 Yorum