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Homework answers / question archive / Government intervention can increase total welfare when: a) there are costs or benefits that are external to the market
Government intervention can increase total welfare when:
a) there are costs or benefits that are external to the market.
b) consumers do not have perfect information about product quality.
c) a high price makes the product unaffordable for most consumers.
d) all of the above.
e) a and b only.
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