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Year 1 Microeconomics
Market Mechanism, Market Failure and government intervention
The meaning of market failure
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What is meant by a misallocation of resources?
Year 1 Microeconomics > Market Mechanism, Market Failure and government intervention > The meaning of market failure
2 cards
What is Government Intervention?
Year 1 Microeconomics > Market Mechanism, Market Failure and government intervention > The meaning of market failure
1 card
What is Market failure?
Year 1 Microeconomics > Market Mechanism, Market Failure and government intervention > The meaning of market failure
4 cards