The basic principles of economics suggest that a. markets are seldom, if ever, a good way to organize economic activity. b. government should become involved in markets when trade between countries is involved. c. government should become involved in markets when those markets fail to produce efficient or fair outcomes. d. all of the above are correct.
Added by Deborah O.
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Step 1: The basic principles of economics suggest that markets are not always efficient or fair in producing outcomes. Show more…
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