Market Failure T.T Help me!!!!!!

Discussion in 'Economics' started by edwardtony, Sep 22, 2011.

  1. I'm studying microeconomics and I have a big problem with the term "Market Failure" :confused: I've found some info as well as read documents but it seems to have many ways to define this term :(
    Plz help me about this - definition and example :D
    1 more question is that: When mentioning "Market Failure", people usually tell about the pollution. Whyyyyyyy??????? :confused:
    Thx for all :X:X:X:X:X:X:X
    Sorry for my bad English :D :D :D :D :D