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Market Failure(4.1.8 Market Failure/govenrment Intervention)

This class was created by Brainscape user Daniel Bampoe. Visit their profile to learn more about the creator.

By: Daniel Bampoe
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Decks in this class (10)

Market Failure/Market Mechanism
When is a market failing what is ...,
What a,
What is complete market failure
25  cards
Postive/negative Externalties
What graph is used to show extern...,
Positive consumption externality ...,
Negative consumption externality ...
18  cards
Merit/De-Merit
What are merit goods,
Why may merit goods more benefica...,
An under consumed good is a
13  cards
Subsdies(government Intervention)
Definition of a subsidy,
Chain of reasoning of subsidy s e...,
What happens on a graph when a su...
6  cards
Indirect Taxes(govenrment Intervention)
Chain of reasoning for how a indi...,
How to display an indirect tax be...,
How does an indirect tax create b...
6  cards
Types Of Market Failure
The 5 main types of market failur...,
3 extra types of market failure f...,
Explanation for why merit goods a...
11  cards
Min/max Prices(government Intervenion)
Where should maximum prices be set,
Governments aim when they in forc...,
Chain of reason of max price effe...
8  cards
Government Failure
0  cards
Fixing Under consumption/production of Merit goods
Under consumption production occu...,
Pccsubsides merit good with posti...
3  cards
Fixing Under consumption/production of Merit goods
1  cards

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Market Failure(4.1.8 Market Failure/govenrment Intervention)

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