This class was created by Brainscape user Box2 .. Visit their profile to learn more about the creator.
By:
Box2 .
- decks
- flashcards
- learners
Decks in this class (10)
Externalities
When does a market fail,
What does market failure bring about,
What occurs in complete market fa...
26
cards
Externalities
Part 2
15
cards
Merit Good
What are merit goods,
How are merit goods consumed,
What are the two main reasons tha...
16
cards
Public Goods
What are the two main characteris...,
What is non excludability,
What is non rivalry
17
cards
Imperfect Information
What is assumed in a competitive ...,
What is symmetric information,
What does symmetric information a...
13
cards
Inequity
What is income,
What is wealth,
What does a greater wealth income...
13
cards
Immobile Factors of Production
What is an immobile factor of pro...,
What is an example of an immobile...,
Why may land be immobile
14
cards
Market failure in monopolies
What is a pure monopoly,
What is monopoly power,
Which firms have the greatest mon...
8
cards
Environmental Market Failure
What are the three main functions...,
What is the function of providing...,
What is the function of providing...
16
cards
Environmental Market Failure
What are the three sectors that t...,
In less developed countries what ...,
What kind of impact may less deve...
10
cards
More about
5. Market Failure
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Box2 .'s 5. Market Failure flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
Theme 1
- 29 decks
- 493 flashcards
- 2 learners
Decks:
111 Introduction To Economics, 112 The Basic Economic Problem, 113 Factors Of Production, And more!
Biology OCR A
- 42 decks
- 1257 flashcards
- 5 learners
Decks:
Chapter 2 Microscopy, Chapter 2 Cells, Chapter 3 Biological Molecules, And more!
Economics 1.3 - Market failure
- 2 decks
- 39 flashcards
- 1 learners
Decks:
13 Market Failure Basic Concepts And Def, 13 Types Of Market Failure, And more!
