When government policies lead to outcomes that are worse than those that would occur in unregulated markets:
A)marginal costs occur.
B)liveweight loss occurs.
C)government failure occurs.
D)government efficiency occurs.

Question

Quizplus · Accepted Answer

This is an example of government failure, which refers to situations where government policies lead to outcomes that are worse than those that would occur in unregulated markets. This can happen for a variety of reasons, such as poor design of policies, corruption, or unintended consequences.

When Government Policies Lead to Outcomes That Are Worse Than