When there are too few or too many resources going to an economic activity?

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3 November, 23:26

When there are too few or too many resources going to an economic activity?

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Kira Sharp · Answer 1

If there are too few or too many resources going into an economic activity then a market failure exists. A market value exists if the quantity is demanded but the supply isn't present from suppliers. There are many types of market failures and reasons for a market to fail.