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What is the most efficient way to correct market failures?

What is the most efficient way to correct market failures?

a) To tighten regulations of the market operations

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 government to take over in provision of goods and services

Top Answer

c) To create economic... View the full answer

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Other Answers

a) To tighten... View the full answer

The correct option is option E i.e. To... View the full answer

The most effective way to correct market failure is... View the full answer

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