Market Failure 0.0 / 5HideShow resource informationEconomicsMarket failureASEdexcelCreated by: samstarrzCreated on: 11-04-14 14:50 924358167 Across 1. Once a public good has been provided for one, it's provided for all (4, 5, 7) 6. A grant from the government to encourage consumption (7) 7. Third party costs of benefits ignored by the price mechanism (13) Down 2. Demonstrate non-excludability and non rivalry (6, 5) 3. Scheme to reduce price fluctuations of commodities (6, 5) 4. If government intervention leads to a net welfare loss (10, 7) 5. When the price mechanism causes an inefficient allocation of resources (6, 7) 8. A tax levied on expenditure (8, 3) 9. the ability of workers to change from one job to another both occupationally and geographically (8, 2, 6)
Comments
No comments have yet been made