Natural monopoly, oligopoly, externalities of production or consumption, public goods, and incomplete information are all sources of which of the following of the free market?

Name: Natural monopoly, oligopoly, externalities of production or consumption, public goods, and incomplete information are all sources of which of the following of the free market?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

These are all sources of market failure, where the free market does not allocate resources efficiently on its own.

Natural Monopoly, Oligopoly, Externalities of Production or Consumption, Public Goods