Market failures and generate . A. create monopolies or oligopolies; deadweight loss B. create deadweight lo

Question

sammy [17]

3 years ago

11

Market failures and generate . A. create monopolies or oligopolies; deadweight loss B. create deadweight lo

ss; externalities C. compel the government to act; regulations D. reduce economic efficiency; deadweight loss

Business

1 answer:

Delicious77 [7] · Answer 1 · 2022-07-30T09:59:53+03:00

Answer:

D. reduce economic efficiency; deadweight loss

Explanation:

Market failures are produced when in a free market context, individual decisions for the allocance of resources is inefficient, and produces deadweight loss, an economic measure of social welfare. This situation justifies in some cases government interventions. The most common tools for intervention are taxes, subsidies or price regulation.

Market failures​ ________ and generate​ ________. A. create monopolies or​ oligopolies; deadweight loss B. create deadweight​ lo

Market failures and generate . A. create monopolies or oligopolies; deadweight loss B. create deadweight lo