Introduction to Economics 1 Deneme Sınavı Sorusu #1114323

Which of the following describes the market failure?

An action or an effort to produce or avoid an outcome

Effects of a production or a consumption to bystanders

Substantial influence of a single buyer or seller in a market

Inability to allocate resources efficiently

Inability to produce all the desired goods and services

Yanıt Açıklaması:

Market Failures and Externalities

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.

PAYLAŞ:

SORUNUN CEVABI: D

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