Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

16. One of the following causes market failure. Identify it. A. production efficiency C. perfect competition B. A locative efficiency D. A locative inefficiency​

Sagot :

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.