Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q3) The Government has various tools available to deal with the Market Failure, the few of the tools available to the Government was Price Profit

Q3) The Government has various tools available to deal with the Market Failure, the few of the tools available to the Government was

Price Profit Regulations

Restrictive Trade policy and practices

Direct Controls or Regulations

Patents and Law of Tort

Subsidy Policy

Tax Policy

Foreign Exchange Policy. Briefly provide your views on all the above to predominantly sustain for an Economy in Market forces.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Making The Connection

Authors: J David Spiceland, Wayne Thomas, Don Herrmann

1st Edition

0077862260, 9780077862268

More Books

Students also viewed these Economics questions