Market Failure

Market Failure
Market failure is the situation in which for any given market there is lack of supplies that have high demand by consumers.
When a market “fails” the economy suffers, because there is no balance with money spending, because other products that are good with quantity don’t sell, and that brings those products to be wasted, (For example, if there are no CD’s in the market, CD players won’t sell and that situation is “CD players’ market failure).

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