Market Failure

Market Failure

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The Market Failure of Plastic Bags

This post is part of a blogging series by economics students at the Presidio Graduate School’s MBA program. You can follow along here.  By Jourdan Phillips     Plastic bags were initially introduced to the US market in the 1950s for packaging items such as bread loaves.  In the 1970s, product utilization went mainstream as a shopping carrier bag [...]

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