Frage

We do not expect government to play a role in correcting market failures like pollution and second-hand smoke.
True
False

We do not expect government to play a role in correcting market failures like pollution and second-hand smoke. True False

100%(3 bewertet)

Antwort

The answer is False.

Erklärung

Market failures occur when the allocation of goods and services is not efficient, often leading to negative externalities such as pollution and second-hand smoke. In these cases, government intervention is typically necessary to correct these failures and protect public health and the environment.

Therefore, the statement that we do not expect government to play a role in correcting market failures like pollution and second-hand smoke is False.

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