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Micro 4.1.8 Market Failure And Gov Intervention

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

Decks in this class (12)

4.1.8.2 The meaning of market failure
What is market failure,
What is a misallocation of resources,
What is complete market failure
13  cards
Government Intervention
Government intervention,
The aims of government interventi...,
Forms of government intervention ...
33  cards
Abuse Of Monopoly Power
When does monopoly power occur,
Cma,
Evidence of abusing monopoly powe...
5  cards
Monopoly Power
Monopoly,
Monopoly power,
Problems with monopolies higher p...
20  cards
Asymmetric Information
Asymmetric information,
Asymmetric information in financi...,
Asymmetric information in insurance
10  cards
Information Failure
Information failure,
Information asymmetries,
Failure to disclose information
9  cards
Housing Market
Housing market,
Economic growth affecting the hou...,
Unemployment affecting the housin...
7  cards
4.1.8.7 Competition policy
Explain a uk competition policy e...,
Why are small and medium sized en...,
Explain a uk competition policy d...
8  cards
4.1.8.6 Market imperfections
What is symmetric information,
What is asymmetric information,
Why asymmetric information can le...
13  cards
4.1.8.5 Merit and demerit goods
Define merit goods,
Define demerit goods,
What can under provision of marke...
9  cards
4.1.8.4 Positive and negative externalities in consumption and production
When do externalities exist,
Why are negative externalities li...,
Why are positive externalities li...
27  cards
4.1.8.3 Public goods, private goods and quasi-public goods
What are public goods,
Explain the characteristics of a ...,
What some examples of public goods
10  cards

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Micro 4.1.8 Market Failure And Gov Intervention

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