Q2. A) Explain the pareto efficiency and in which conditions markets are not Pareto efficient referred to as market failures, which provide a rationale for government intervention. B) For each program listed below, discuss what market failures might be (or are) used as a partial rationale: a. Regulations on automobile pollution, b. National defence, c. Unemployment compensation, d. Deposit Insurance Corporation/Fund, e. National Weather Service, f. Rent control ( 30 points) Q2. A) Explain the pareto efficiency and in which conditions markets are not Pareto efficient referred to as market failures, which provide a rationale for government intervention. B) For each program listed below, discuss what market failures might be (or are) used as a partial rationale: a. Regulations on automobile pollution, b. National defence, c. Unemployment compensation, d. Deposit Insurance Corporation/Fund, e. National Weather Service, f. Rent control ( 30 points)