Economics B A-Level
Market failure correction
What Market failure correction means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Market failure correction
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Reference: Pearson Edexcel
Policies such as state provision, indirect taxation, tradable permits, information and regulation are used to correct market failure.
Topics that use Market failure correction
- Policies to deal with market failure (Pearson Edexcel A-Level)
Related terms
Using Market failure correction in the exam
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