18. The theory that unfettered markets do not achieve an efficient allocation of resources should not lead

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18. The theory that unfettered markets do not achieve an efficient allocation of resources should not lead us to conclude that government involvement necessarily leads to efficiency. Governments also can fail.

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Principles Of Microeconomics

ISBN: 9780691150093

13th Global Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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