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Assignment
Teitelbaum and Wilensky (2007) described ways in which the government can intervene to promote equity and efficiency when the market fails. You will apply your knowledge of the various economic principles-such as market failure, supply and demand, or the concept of public goods-described in your textbook to the tasks in this assignment. .
Using the module readings, Argosy University online library resources, and the Internet, research these various economic concepts and the ways in which the government can intervene. Then, do the following:
• Identify and describe at least two economic concepts stated by Teitelbaum and Wilensky.
• Apply these economic concepts by demonstrating how the government can intervene to solve the health policy problem you discussed in M2: Assignment 1.
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