market failure

Popular Terms
Situation where resources cannot be efficiently allocated due to the breakdown of price mechanism caused by factors such as establishment of monopolies. See also market inefficiency.

Use 'market failure' in a Sentence

A market failure can really slow down your business earnings and you will need to find new ways to adjust.
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There was a market failure which would suggest wrong doings having been occurring for quite some time as this is quite rare.
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The stock became a market failure and a lot of people were up in arms about it because of how much they put into it.
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