When does a market failure occur?
A)
when the free market does not distribute resources efficiently
B)
when businesses do not follow public disclosure laws
C)
when the free enterprise system does not work
D)
when buyers and sellers engage in voluntary exchange

Question

retazora7 retazora7

07-02-2022
Law

contestada

When does a market failure occur?
A)
when the free market does not distribute resources efficiently
B)
when businesses do not follow public disclosure laws
C)
when the free enterprise system does not work
D)
when buyers and sellers engage in voluntary exchange

Respuesta :

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topeadeniran2 topeadeniran2 · Answer 1 · 2022-02-17T12:09:26+01:00

It should be noted that market failure occurs A. when the free market does not distribute resources efficiently.

What is market failure?

Market failure simply means a situation when there's an inefficient distribution of resources in the market.

Market failure occurs when the free market does not distribute resources efficiently. This leads to rational outcomes for the group as a whole.

Learn more about market on:

https://brainly.com/question/24877850

When does a market failure occur? A) when the free market does not distribute resources efficiently B) when businesses do not follow public disclosure laws C) when the free enterprise system does not work D) when buyers and sellers engage in voluntary exchange

Respuesta :

What is market failure?

Otras preguntas

When does a market failure occur?
A)
when the free market does not distribute resources efficiently
B)
when businesses do not follow public disclosure laws
C)
when the free enterprise system does not work
D)
when buyers and sellers engage in voluntary exchange