Define the terms market inefficiency and market failure.
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NEED THIS ASSIGNMENT BEFORE 29 AUGUST 2012
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Topic: Define the terms market inefficiency and market failure. Under what conditions do markets fail to efficiently allocate scarce resources? Provide some real world examples of market failure and discuss some government policies used to correct market failure. Draw graphs and diagrams to support your discussion
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Hi! Background in business management and marketing here! Please check PM box. -Guyver