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Situations Where the Market Does Not Work Efficiently or Does

Question 46

Multiple Choice
Situations where the market does not work efficiently or does not allocate resources to their highest valued uses are called

Situations where the market does not work efficiently or does not allocate resources to their highest valued uses are called


A) unnatural monopolies.
B) moral hazards.
C) adverse selections.
D) market failures.
E) most-favored customers.

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