In a market economy, government intervention - 11644

Solution Posted by
Solution Detail
Price: $1.25
  • From: ,
  • Posted on: Mon 25 Jun, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

 

In a market economy, government intervention

a. will always improve market outcomes.

b. reduces efficiency in the presence of externalities.

c. may improve market outcomes in the presence of externalities.

d. is necessary to control individual greed.