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elect all that apply What are some reasons that government intervention to address market failures can make the situation worse? Multiple select question. Governments don't
elect all that apply What are some reasons that government intervention to address market failures can make the situation worse? Multiple select question. Governments don't have enough information to deal with the problem. Intervention in markets is almost always more complicated than it initially seems. Government will make pricing decisions more efficient than it was. The bureaucratic nature of government intervention does not allow fine-tuning. Government doesn't have an incentive to correct the problem. Government intervention leads to more government intervention.What arises when people don't have to bear the negative consequences for their actions? Multiple choice question. Adverse selection problem Moral hazard problem Screening Signaling
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