Explain what is meant by market failure.
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Q5: Development plans have often failed because
A)they have
Q6: An example of an institutional requirement for
Q7: What are accounting,or "shadow" prices for project
Q8: A plan that sets targets to cover
Q9: In the Harrod-Domar growth model,if 12.5% of
Q11: An example of a market-facilitating legal practice
Q12: Name <
Q13: As an agent of economic development,in what
Q14: Assume a closed economy.Suppose the incremental capital-output
Q15: Why must projects be appraised? What do
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