单词 | imperfect market |
释义 | imperfect market imperfect market noun [C, usually sing.]
(Economics ) a situation where individual buyers and sellers can influence the price of goods, for example if there are only a few sellers, buyers do not have enough information about products and prices, or there are not enough goods of the same type produced: Health care is an imperfect market, and does not follow the classic rules of supply and demand. |
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