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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.
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