A justification for government intervention in the economy arises from the fact that market systems usually produce outcomes, but they do not necessarily produce outcomes

Economics Nov 28, 2020

A justification for government intervention in the economy arises from the fact that market systems usually produce outcomes, but they do not necessarily produce outcomes. (4 marks) A B Efficient; equitable Equitable; efficient Efficient; profitable Profitable; equitable C D

Expert Solution

OPTION C: EFFICIENT;PROFITABLE

In the marketing basis the government produce products in a efficient outcomes for the people

And they do not necessarily produce profitable outcomes

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