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Homework answers / question archive / What is the most efficient way to correct market failures? a

What is the most efficient way to correct market failures? a

Marketing

What is the most efficient way to correct market failures?

a. To tighten regulations of the market operation.

b. To deregulate market operations.

c. To create economic incentives/disincentives to modify behavior of market participants.

d. To file lawsuits against market participants who do follow market regulations.

e. To allow the government to take over in the provision of goods and services.

Option 1

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