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1.8.2 The meaning of market failure

Market failure occurs when the free market causes a [     ].

A

allocation of income

B

shortage of resources

C

misallocation of resources

D

surplus of resources

1.8.2 The meaning of market failure Flashcards

  1. A Level
  2. /Economics
  3. /1.8.2 The meaning of market failure

Flashcards for AQA A Level Economics 1.8.2 The meaning of market failure, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 23 cards, matched to the AQA A Level Economics (7136) specification.