Question
Economists define market failures as cases in which the unregulated market fails to achieve efficiency (maximize total surplus). Are there market failures associated with urban
Economists define market failures as cases in which the unregulated market fails to achieve efficiency
(maximize total surplus). Are there market failures associated with urban transit markets? If so, what are
they? Have they been made better or worse by the entry of ridesharing services?
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Principles of Economics
Authors: Fred M. Gottheil
7th edition
978-1133962069, 9781285064444, 1133962068, 1285064445, 978-1285064437
