Which of the following describes when government alter normal market activity?

Question

Quizplus · Accepted Answer

"Intervention" is the most accurate term for when the government alters normal market activity. "Innovation" refers to new ideas or methods that improve existing products or processes, "market failure" occurs when the market does not allocate resources efficiently, and "unprofitable outcome" refers to a financial loss from a business decision.

Which of the Following Describes When Government Alter Normal Market