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notsponge [240]
2 years ago
12

Which term describes the inability of a market to bring about the allocation of resources that best satisfies the wants of socie

ty?.
Business
1 answer:
guajiro [1.7K]2 years ago
5 0

It should be noted that the inefficient allocation if resources is market failure.

<h3>What is market failure? </h3>

It should be noted that market failure simply means the inefficient distribution of goods and services.

Market failure is the the inability of a market to bring about the allocation of resources that best satisfies the wants of society.

Learn more about market failure on:

brainly.com/question/368647

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The average annual return form stock investments historically is: a) 11.3% b) 12% c) 12.5% d) 20$​
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