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Why does the government need to handle market failures? (1 point) The natural forces of a free market tend to over correct for market failures..
Why does the government need to handle market failures?(1 point)
- The natural forces of a free market tend to over correct for market failures..
- Market failures occur when goods or services are excludable.
- Market failures indicate a scarcity of resources, so it must be managed.
- The natural forces of a free market do not tend to fix market failures.
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Economics
Authors: Gregory Mankiw, Mark P. Taylor
5th Edition
1473768543, 978-1473768543
