Why Does Market Fail and Private and Social Cost Benefit

The resource is made for Economics IGCSE. It explains why market fail and Social Cost Benefits.The resows shows the meaning od Pareto efficiency, how government can control market failure, consequences of market failure and merits of free market system. I explains private social cost benefit, externalites, cost benefit analysis, argument in favour of private spending,characteristics of public goods, resource conservation and using resources.

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  • Market-Failure.pdf

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Created: Nov 22, 2019

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