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zepelin [54]
2 years ago
6

Identify a type of market failure. Provide an example of that type of market failure and briefly explain one way that the govern

ment could help to reduce the negative effect of that market failure.​
Business
1 answer:
Rufina [12.5K]2 years ago
3 0

Monopoly power, inefficiency, absent markets, and other factors can all result in market failure. Government is help to reduce the negative effect of that market failure such as implemented taxes and laws. An example of a market failure is music application.

What is market failure?

When we talk about "market failure," we're talking about an economy where there is an inefficient flow of commodities and services on the open market.

Inefficiency, absent markets, insufficient markets, and negative externalities are the main forms of monopoly power. audio player: All listeners hear the song, yet it cannot affect them directly. It is unable to determine whether or not a user has paid.

The government must address market failure issues brought on by additional regulations, taxes, tariffs, subsidies, and trade restrictions.

As a result, monopoly power, inefficiency and missing markets types of market failure. Government implemented taxes and laws. Ex of music app.

Learn more about on market failure, here:

brainly.com/question/13123538

#SPJ1

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Answer:

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Explanation:

Given

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The class width is:

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Using the first class, as reference:

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So, the class width is:

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6 0
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Most criminals will also face tort civil cases after they are convicted of their crimes.
Bingel [31]
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3 years ago
What happens when sellers compete with other sellers to meet consumer's demands, and consumers compete with other consumers to f
Marrrta [24]

Answer:

Markets are competitive.

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3 years ago
The manufacturing overhead budget at Amrein Corporation is based on budgeted direct labor-hours. The direct labor budget indicat
Sergeeva-Olga [200]

Answer:

$51,790

Explanation:

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5 0
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