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  1. GCSE
  2. Economics AQA
  3. 1.6 Market failure

1.6 Market failure

Spec 8136

Revise AQA GCSE Economics 1.6 Market failure with the worksheets, question bank, lessons, revision guides, and flashcards.

The meaning of market failure as misallocation of resources • Implications of misallocation of resources • Students should be able to understand: market failure as the inability of the market system to allocate resources efficiently • the costs associated with misallocation of resources

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