owethumahlangu owethumahlangu
  • 13-07-2022
  • Social Studies
contestada

How do imperfect markets cause markets to fail

Respuesta :

Аноним Аноним
  • 13-07-2022

Answer:

In economics, imperfect competition refers to a situation where the characteristics of an economic market do not fulfil all the necessary conditions of a perfectly competitive market. Imperfect competition will cause market inefficiency when it happens, resulting in market failure.

Answer Link

Otras preguntas

1. Why Study North Korea?
Helps me please ill give brainliest to the best ! this is supposed to be easy(not for me)
What is the importance of confronting adversity? Need two reasons NEED ASAP PLSSSSSSS
Find the slope of the line containing the points (3,2) and (6,9).
Name the early civilizations in the Americas and their locations. How does that differ from
if x+1/x=7,find x^2+1/x^2​
What is the length of side AB of the triangle? (1 point) a 3 b 5 c Square root of 6 d Square root of 13
What is the value of b for the following circle in general form? x2 + y2 + ax +by+c=0​
A ball has the energy to move 30 m/s with the mass of 5. What is the energy
Your father bought you a pair of shoes. When you wore the shoes you realized there was a problem. The shoes were too long. Why might such prblm arise and how ca