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What factors are responsible for setting prices in a free market system?
"Supply is relative to demand" explains the factors responsible for setting prices in a free market system.
When A situation in which the market does not distribute resources efficiently is considered to be?
a market failure
How can market failure occur in the market for hybrid automobiles?
market failure can occur when there is no money left to keep it running
Which of the following explains the factors responsible for setting prices in a market free system?
Supply relative to demand.government
Reasons for market failure?
Market failure happens because of inefficiency in the allocation of goods and services. Other reasons for market failure include incomplete markets, missing markets, and unstable markets.
What factors are responsible for setting prices in a free market system?
"Supply is relative to demand" explains the factors responsible for setting prices in a free market system.
What are factors or ways the government use to correct market failure?
corruption
When A situation in which the market does not distribute resources efficiently is considered to be?
a market failure
What explains the factor responsible for setting prices in a free market system?
"Supply is relative to demand" explains the factors responsible for setting prices in a free market system.
What are the relationships between market failure and externality?
externality is a type of market failure
How can market failure occur in the market for hybrid automobiles?
market failure can occur when there is no money left to keep it running
Which of the following explains the factors responsible for setting prices in a market free system?
Supply relative to demand.government
What factors are responisble for setting prices in a free-market eystem?
Supply relative to demand is primarily responsible for setting prices in a free market system.
What cause market failure?
Market failure occurs when goods are not fairly distributed.
What are the example of microeconomics?
Market failure and Market structure.
What are the examples of microeconomics?
Market failure and Market structure.
Reasons for market failure?
Market failure happens because of inefficiency in the allocation of goods and services. Other reasons for market failure include incomplete markets, missing markets, and unstable markets.
