Government can improve market outcomes by:

Question

Quizplus · Accepted Answer

Using well designed policies to reduce firms' market power can improve competition in the market and prevent firms from using their dominant position to exploit consumers. This can lead to better outcomes for consumers and the economy as a whole. Directing labour to priority areas may not necessarily lead to improved market outcomes, printing money can lead to inflation and other economic problems, and taxing everyone equally may not be a fair or efficient way to raise revenue for the government.

Government Can Improve Market Outcomes By