Jisho

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じょうしっぱい 市場失敗
Noun
1. market failure
Wikipedia definition
2. Market failureMarket failure is a concept within economic theory describing when the allocation of goods and services by a free market is not efficient. That is, there exists another conceivable outcome where a market participant may be made better-off without making someone else worse-off. (The outcome is not Pareto optimal.
Read “Market failure” on English Wikipedia
Read “市場の失敗” on Japanese Wikipedia
Read “Market failure” on DBpedia

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