In these models, the perfectly competetive economy was able to allocate resources efficiently, without the look at for market intervention by o utside agents, including governments. However, there were of signification weaknesses in these models particuarly in the area of ensuring equity of acess, social objectives and in the provision of usual goods. Ensuring equity of acess, meeting social objectives and providing humankind goods.were considered the main reasons why the public sector provided goods. Why governments intervened in t...If you want to get a full essay, order it on our website: BestEssayCheap.com
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