What are the two main causes of market failure for small businesses in Canada?

Two main causes of market failure for small businesses in Canada may involve those external factors, such as presence of a monopoly competing for the same demand of services or products. Conditions that may lead to market failure will increase the inability of the business to meet the supply of goods and services that is in demand by the markets. Whether a small business can prosper in today’s business market is based on good planning and careful use of financial assets to help a business when there is a risk of market failure.

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