kasahunabera169
kasahunabera169 kasahunabera169
  • 03-04-2022
  • Social Studies
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16. One of the following causes market failure. Identify it. A. production efficiency C. perfect competition B. A locative efficiency D. A locative inefficiency​

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markmeadows67
markmeadows67 markmeadows67
  • 03-04-2022

Answer:

D

Explanation:

Allocative inefficiency is bad and causes the economic market to crash because it is the opposite of allocative efficiency, which essentially is good for the market because it can increase the amount of money earned and has many monopoly effects. The price can increase and rise above the margin as well. People won't buy it if it is expensive.

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