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If there is no government intervention in the market, private goods would be Choice 1 of 4:be produced effiecently in the free market Choice 2
If there is no government intervention in the market, private goods would be Choice 1 of 4:be produced effiecently in the free market Choice 2 of 4:be over-produced and consumed by the free market Choice 3 of 4:be under-produced and consumed by the free market Choice 4 of 4:not be produced all by the free market
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