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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

Marketing

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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