Grade 6-8, 9-12
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Market Failures Video and Quiz

Updated: September 12 2023,
Author: barrel fan
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Standards

State Standards

Concepts

asymmetric information, Externalities, Market Structures, Markets, Monopoly
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This video teaches the concept of Market Failures. There are certain well-recognized conditions under which market failure occurs; this means either that a market transaction affects third parties not involved in the transaction or that a market has difficulty in providing certain kinds of products.

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