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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​

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.