Explain why the government has pricing power

Reference no: EM132199115

Question: A) Explain why the government has pricing power, and how the exercise of pricing power can lead to a government output that is smaller than optimal.

B) Explain what means are available to restrain governments from overusing their coercive and pricing powers.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132199115

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