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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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