Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
4 Cards in this Set
- Front
- Back
|
What is government failure |
When government intervention fails to correct market failure and leads to an even greater misallocation of resources |
|
|
If PED is inelastic what solution can solve this |
Info campaigns to lower demand Regulations |
|
|
What if the tax/subsidies aren’t big enough |
Change habits on their own |
|
|
Tax/subsidy too large |
Adjust the size of the tax or subsidy |
