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Covid-19 pandemic affects economy of Indonesia significantly. Level of house hold consumption decreased. Even the investment, which was expected to increase by 6 percent, as

Covid-19 pandemic affects economy of Indonesia significantly. Level of house hold consumption decreased. Even the investment, which was expected to increase by 6 percent, as a result of COVID-19, is predicted to drop to the level of 1 percent and even -0.4 percent. Exports and imports will also continue to have negative growth. This decline in economic growth is one indication of market failure, where the market mechanism cannot solve the problem itself. Reffering to that condition,What causes market failure to be occured? Please give one example of market failure during the pandemic in Indonesia!

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