Markets can fail to achieve efficiency when

a. there are prices consumers do not think are fair.
b. there are wages workers do not think are fair.
c. trade puts people out of work.
d. there are buyers or sellers without adequate information about the quality of goods.

d

Economics

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The number of substitutes available has hurt the business of the United States Postal Service.

a. true b. false

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What is the difference between an autonomous change in spending and an induced change in spending?

What will be an ideal response?

Economics