Why would unregulated markets result in inefficient

Reference no: EM133395945

Question: Why would unregulated markets result in inefficient societal outcomes in these specific examples?

What factors) lead to inefficient outcomes as listed

What harm is there in inefficient outcomes to society?

Should the government intervene in the economy?
- What is the upside and/or downside of government intervention, keeping in mind the concepts discussed in chapter 4?
- Can you think of other instances when you would fully endorse government intervention? Defend your example.

Reference no: EM133395945

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Why would unregulated markets result in inefficient : Why would unregulated markets result in inefficient societal outcomes in these specific examples? What factors) lead to inefficient outcomes as listed

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