Business, 24.09.2021 19:00, azireyathurmond1

7. Suggest actions a government could take to try to correct the following market failures. Market failure
Possible government intervention
Poor and vulnerable people will be unable
to afford the goods and services they need
Harmful products, such as guns and
dangerous drugs, may be supplied
Powerful firms may mislead consumers and
restrict competition to force up prices
People may lose their jobs if it is not
profitable to employ them
Production may harm the natural
environment

7. Suggest actions a government could take to try to correct the following market failures.

Marke

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7. Suggest actions a government could take to try to correct the following market failures. Market...