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19 December, 02:24

When does it make sense for government to interfere with a pure market outcome?

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  1. 19 December, 05:34
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    There are several situations when the government has to interfere with a pure market outcome. If the price of a product rises without any significant cause or if there is more supply than demand of a market, then the government can put a price ceiling or floor price of a product. This is purely to keep the economy of a country or state stable.
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