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When the allocation of goods and services by a modern mixed economy is not efficient,

A) market powers can block beneficial gains.
B) monopolies can work to redistribute market equity.
C) governments may step in to resolve the market failure.
D) individuals of the markets can share equitable results.

2 Answers

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When the distribution of goods and services isn't efficient enough
c) governments may step in to resolve the market failures. because they think the help by puttin in effect price floors and price ceelings but they only harm people.
Hope I helped!!
User Choroba
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Answer:

C) governments may step in to resolve the market failure.

Step-by-step explanation:

Nowadays, most economies around the world operate in a form of free market economy. While free market generally means that the market regulates itself, this does not mean that the government never intervenes. In fact, the involvement of the government can help in cases of market failure. This protects the economy of the country as well as the livelihood of the citizens.

User Zjerry
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