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The meaning of market failure

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Last exams 2021 » Section 1: Microeconomics » 1.4 Market failure » The meaning of market failure

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Directly related questions

18M.1.SL.TZ1.2b:
Discuss the view that competitive markets will always achieve allocative efficiency.

Sub sections and their related questions

Market failure as a failure to allocate resources efficiently

18M.1.SL.TZ1.2b:
Discuss the view that competitive markets will always achieve allocative efficiency.