People who favor free markets might seek government intervention into the operation of a market because they:

Question

Quizplus · Accepted Answer

All of the options provided are reasons why proponents of free markets might still support government intervention in certain situations. A) to mitigate risks associated with decision-making, B) to address insufficient competition which can lead to market failures, and C) to ensure public interest is served in cases where a single, regulated entity might be more efficient than multiple competitors.

People Who Favor Free Markets Might Seek Government Intervention into the Operation