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For which of the following reasons might a government intervene in the market system?

Kyuubi

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For which of the following reasons might a government intervene in the market system?

For which of the following reasons might a government intervene in the market system?
A) To ensure that firms always earn a large profit
B) To ensure that its citizens are never disadvantaged by the price adjustment mechanism
C) To ensure that tax rates are sufficient to reduce consumer surplus to zero
D) To alter the market-determined results and to produce effects that are politically and
socially acceptable.

Textbook

Microeconomics

Microeconomics

Edition: 2^nd

Author: James

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angelverde

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Kyuubi Author

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6 years ago

You make an excellent tutor!

AlahuKakpar

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Good timing, thanks!

noodlelicker

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Thanks

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