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If the market for apples...?
... fails to provide me with oranges, is that a market failure?
6 Answers
- XTIAN170174Lv 71 decade agoFavorite Answer
As a yardstick for going about procuring goods, yes - the trade relations and routes have the same basis in their existence & purpose.
If you went to an apple grower and asked for oranges though, failure to get any would not be an apple market's priority issue...
Source(s): Granny Smith of course :) - FrançoiseLv 41 decade ago
It is a market failure when somebody throws out a pile of edible apples while somebody else starves to death
- Anonymous1 decade ago
Yes, you need to buy your oranges from the tomato market.
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- Anonymous1 decade ago
Not sure...but this question is definitely an analogy failure. What's it really about?
