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What are the four main types of market failure?

Oliver Johnson | 2023-06-08 15:58:38 | page views：1887
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Amelia Gonzalez

Studied at the University of Cape Town, Lives in Cape Town, South Africa.
The four types of market failures are public goods, market control, externalities, and imperfect information. Public goods causes inefficiency because nonpayers cannot be excluded from consumption, which then prevents voluntary market exchanges.
2023-06-17 15:58:38
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Jackson Hayes

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The four types of market failures are public goods, market control, externalities, and imperfect information. Public goods causes inefficiency because nonpayers cannot be excluded from consumption, which then prevents voluntary market exchanges.
Market failures - AmosWEB is Economics: Encyclonomic WEB*pedia
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