Public choice economists point out that when the government enters into the market, the incentive is to achieve its goal in the least-cost manner.

Name: Public choice economists point out that when the government enters into the market, the incentive is to achieve its goal in the least-cost manner.
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Public choice economists argue that government actions are often driven by political incentives rather than efficiency, leading to outcomes that may not be cost-effective.

Public Choice Economists Point Out That When the Government Enters