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Why have some companies set up offshore assembly plants?
Supply-Side Market Failures
Situations where the supply side of a market does not allocate resources efficiently, often due to externalities or public goods problems.
Sellers
Individuals or entities that offer goods or services for sale in the market.
Cost-Benefit Analysis
A systematic approach to estimating the strengths and weaknesses of alternatives used to determine the best option through weighing the cost against the benefits.
Public Good
A product or service that is provided without profit to all members of a society, either by the government or a private individual or organization.
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