Market failure – definition
A market failure is a situation where free markets fail to allocate scarce resources efficiently. These can be complete or partial.
Markets work well when certain conditions are met.
Read more on market failures.
Business Economics
Does Public Choice Theory Affect Economic Output?
Does Public Choice Theory Affect Economic Output? Both on paper and in real life, there is a solid relationship between economics, public choice, and politics. The economy is one of the major political arenas after all. ...
Consumer Confidence Compared to Q2 Job Growth
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Arbitrage Price Theory vs. Capital Asset Pricing
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Federal Interest Rate Projections for 2021
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Covid-19 Chapter 11 Retail Bankruptcies and Restructures
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How Producer Price Index Affects Other Inflation Measures
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