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Title: A government-inhibited good is one that Post by: jonnyjon on Mar 4, 2019 Question 1. A government-inhibited good is one that• would be underproduced by the private market. • should be subsidized to correct the market failure and productive inefficiency. • cannot be individually consumed. • has been deemed socially undesirable via the political process. Question 2. A government-inhibited good is one that• the political process has determined is socially undesirable. • freely competitive markets have determined is socially desirable. • the political process has determined is socially desirable. • we want to encourage the consumption of. Title: A government-inhibited good is one that Post by: jrhome1985! on Mar 4, 2019 Content hidden
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