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Complete the Following Statement: in the Presence of a Market

Question 130

Multiple Choice

Complete the following statement: In the presence of a market failure,


A) government action might not improve on the market outcome because sometimes public policies simply reward the politically powerful.
B) government action might not improve on the market outcome because some leaders are not fully informed about the effects of their actions.
C) government action can sometimes improve on the market outcome.
D) government action will always improve on the market outcome.

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