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Describe the condition in which markets dont work in a fair manner. Ch 5 Economics. |
| Answer» Conditions in which market do not work in a fair manner : # when producers are few and powerful. # when consumers purchase in small amounts. # when consumers are scattered # when large companies have a monopoly in production of goods as they have huge wealth and can manipulate the market in various ways. # passing on false information through media and other sources to attract consumers. | |