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respond to this discussion The concept of market failure is when any closeness to equalibrium fails, which causes disruption in the free market. These
respond to this discussion " The concept of market failure is when any closeness to equalibrium fails, which causes disruption in the free market. These can be caused by externalities, public goods, lack of information, monopoly power, and even income inequality. When demand, supply, pricing, become too unstable by any of those factors. This sector of goods and services can fail causing pricing increase or lack of product
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