What is AC? - Two Plus Two Newer Archives

#11

11-12-2006, 02:39 AM

Borodog

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Join Date: Jan 2004

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Posts: 11,182

Re: What is AC?

[ QUOTE ]
Did you read the post?: market failure is used to describe some sort of inefficency in the market; their are different kinds of inefficiencies, all defined technically/objectively as opposed to normatively, just like market failure is.

[/ QUOTE ]

Then simply do so.

How do you objectively identify a market failure?

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