Documents Topic 9: Government & Environment A. Government Role: Law and Order B. Government Role: Income...

Slide 1 Topic 9: Government & Environment A. Government Role: Law and Order B. Government Role: Income Redistribution C. Government Role: Market Failure D. Market Failure…

Documents C. Government Role – Market Failure IF A market is a perfectly competitive (in buyers and...

Slide 1 C. Government Role – Market Failure IF A market is a perfectly competitive (in buyers and sellers)THEN The market maximizes efficiencyTHEREFORE The government should…