Question 5 (1 point) Saved Listen Government commonly license providers of many services where a minimum level of competence is desired. Even then, if the licensing helps to reduce a market failure caused by lack of information, it may create a market failure due to profit maximization by seller with market power. True False Question 6 (1 point) Listen It is important to recognize that socially inefficient logrolling will more easily lead to an undersupply of government activities where voters are uninformed True False