Sofia, a political science student, thinks that the government should intervene to revive declining industries like video

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Sofia, a political science student, thinks that the government should intervene to revive declining industries like video rentals and print newspapers. The government, she reasons, can resolve the coordination problem of getting the agents in these markets to trade. Do you agree with her? Explain your answer.
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Microeconomics

ISBN: 978-1292079578

Global Edition 1st Edition

Authors: David Laibson, John List

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