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What is the most efficient way to correct market failures

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Reference no: EM132042175

What is the most efficient way to correct market failures?

a) To tighten regulations of the market operations

b) To deregulate market operations

c) To create economic incentives/disincentives to modify behavior of market participants

d) To file lawsuits against market participants who do follow market regulations

e) To allow government to take over in provision of goods and services

Reference no: EM132042175

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