Slide 1 Market Failures and the Role of Government Chapters 12 and 14 Slide 2 Market Failures A situation when the market fails to achieve the efficient outcome n Asymmetric…
·-I [_ f ⢠0 Vol. II. No.6 . . - .florE-GOLLfGE CONTENTS: EDITORIAL: Strange Forebodings, - Class Oration, - Memory., Spring Symptoms, - The Birkhof Prizes, LITERARY:…