With more than 30,000 native flowering plants to choose from, since the mountain regions of Mexico and Guatemala are the home of origin of today's Dahlias, it got the privilege to become Mexico's national flower. While Yucca Flower (Yucca glauca) is said to be the Flower Symbol for Mexico.
Definitions and Basics. Definition: Market failure, from Answers.com An economic term that encompasses a situation where, in any given market, the quantity of a product demanded by consumers does not equate to the quantity supplied by suppliers.
But either way, if a market failure exists the outcome is not Pareto efficient. Most mainstream economists believe that there are circumstances (like building codes or endangered species) in which it is possible for government or other organizations to improve the inefficient market outcome.he existence of a market failure is often the reason that self-regulatory organizations, governments or supra-national institutions intervene in a particular market.