Question
Market failure means that: Select one: a.the market price system fails to operate efficiently, creating a problem for society. b.government always has to intervene in
Market failure means that:
Select one:
a.the market price system fails to operate efficiently, creating a problem for society.
b.government always has to intervene in all markets.
c.markets always produce efficient outcomes for society.
d.government should never intervene in markets.
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Economics Principles and Policy
Authors: William J. Baumol, Alan S. Blinder
12th edition
978-0538453677, 538453672, 978-0538453622, 538453621, 978-0538453653
