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Government Tools : Discuss tools available to the government to correct a market failure. Provide examples. Supply and Demand Equilibrium : Describe how government intervention

  • Government Tools: Discusstoolsavailable to thegovernmentto correct a market failure. Provide examples.
  • Supply and Demand Equilibrium: Describe how government intervention affects thesupply and demand equilibrium.
  • Consumer or Producer Surplus: Specify which government interventions cause aconsumer or producer surplus. Explain how they impact consumer or produce surplus. Provide examples.

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