Question
1. Consider the government mandates closing bars and restaurants during the covid-19 crisis. Is this a government failure or a government response to a market
1. Consider the government mandates closing bars and restaurants during the covid-19 crisis. Is this a government failure or a government response to a market failure? Please respond using what we have discussed regarding different types of government failure or market failure. (There are multiple ways to answer this question. I am looking for a thoughtful response from you that draws upon the material we have studied this term. Since there are multiple failures you could discuss related to the covid-19 crisis, for your short essay please limit your response to only one type of failure.)
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