Question. Failure in a market can be characterized by a concentration of economic power and ownership of production resources in certain interests. One example of failure This is the inequality of access to resources and development results from distribution, this is done by certain market players where they have great power, such as large capital and extensive business networks so that they are the ones who control and dominate the course of the market activity. The statement is one form of market failure in the economic system. From statement provide your analysis of; a. What is the role of government in responding to failures in such a market & what if the government doesn't interfere! b. Please explain how the picture of the economic condition at the time it happened market failure