Sources of microeconomic market failure include public goods,externalities,and market power.

Name: Sources of microeconomic market failure include public goods,externalities,and market power.
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Microeconomic market failure can occur due to public goods that are not efficiently provided by the market, negative externalities that impose costs on the third parties, and market power of a single entity that limits competition and suppresses market efficiency.

Sources of Microeconomic Market Failure Include Public Goods,externalities,and Market Power