1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Akimi4 [234]
1 year ago
7

Market failure describes a situation in which the market itself ________ in a way that balances social costs and benefits.

Business
1 answer:
Lina20 [59]1 year ago
8 0

A situation known as a "market failure" occurs when the market itself is unable to efficiently distribute resources in a way that balances social costs and benefits.

Market failure refers to a situation where there is an inefficient allocation of products and services on the open market. The individual incentives for rational behavior do not result in rational outcomes for the collective in a market failure.

In other words, each person chooses what is best for themselves, but those choices end up being bad for the collective. This can occasionally be demonstrated in conventional microeconomics as a steady-state disequilibrium condition.

To learn more about Market failure here

brainly.com/question/18958169

#SPJ4

You might be interested in
Value Electronics, Inc. started its operations on January 1, 2019.
elixir [45]

Answer:

The first step in operating cycle would be to purchase inventory from vendors.

The correct answer is D

Explanation:

The steps involved in operating cycle includes:

1. Purchase of inventory from vendors

2. Sale of goods to customers

3. Recording of sales in accounts                                                    

4. Collection of cash from customers                                

3 0
3 years ago
Which of these would be a good candidate for a one-variable data table and payment function?
choli [55]
The correct option is this: CHECKING SCENARIOS WITH VARIABLE DOWN PAYMENT. 
A data table is a range of cells, which shows how changing one or two variables in one's formula can affect the value of that formula.
In excel, instead of creating several scenarios, one can create a data table with which one can quickly try out different values for formula.<span />
7 0
3 years ago
How can technological innovation help a company become globalised​
shutvik [7]

Answer: Technology is the vital force in the modern form of business globalization. ... Technology has helped us in overcoming the major hurdles of globalization and international trade such as trade barrier, lack of common ethical standard, transportation cost and delay in information exchange, thereby changing the market place.

Explanation:

5 0
3 years ago
Productivity is a measure of:
Arisa [49]

Answer:

c. the amount of input needed to create a certain output.

Explanation:

Productivity measures the efficiency in the use of the company's resources in the production process. The term productivity is associated with reduced wastage, high quality, and a high input to output ratio.

Productivity is about how well a company uses inputs to generate output. It is measured by calculating the volume of output per hour or comparing the total output against the number of employees.

3 0
3 years ago
People joined together in 4.
Thepotemich [5.8K]
C. partnership
the answer will be c because more then one person comes in hand with partner
7 0
2 years ago
Other questions:
  • What is a career fair?
    13·1 answer
  • What is the overall purpose of​ differentiation?
    9·1 answer
  • You have just been offered your dream job after graduating from Jacksonville University. In response to your negotiations concer
    14·1 answer
  • he next dividend payment by Savitz, Inc., will be $5.05 per share. The dividends are anticipated to maintain a growth rate of 5
    7·1 answer
  • Pls help i need help fast pls
    6·1 answer
  • Which of the following is most likely to cause structural unemployment?
    10·1 answer
  • 6. Which of the following is NOT true about raising capital?
    13·1 answer
  • According to the sarbanes-oxley act, who is responsible for the corporation's financial statements?
    12·1 answer
  • The CM ____ is responsible for overseeing the actions of the crisis management team and coordinating all crisis management effor
    5·1 answer
  • Determine whether the following would be reported in the financing activities section of the statement of cash flows and, if so,
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!