"Missing markets" result from
A)high costs of the establishment of such markets.
B)strict price controls.
C)the inability of producers to gain economies of scale.
D)foreign countries dominating a domestic market for a product.

Question

Quizplus · Accepted Answer

"Missing markets" refer to situations where there is a lack of available markets for certain products or services. This can be due to high costs associated with establishing such markets, such as the costs of creating a new distribution network or marketing campaign. Therefore, choice letter A, high costs of establishment of such markets, is the best answer.

"Missing Markets" Result from