Government Rejection of Market Allocation
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Last updated 9:47 PM on 1/10/26
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4 Terms
1
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Providing goods free to consumers (3)
justification
effects
the case of health care
X problems of shortages
X methods of dealing with shortages
2
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Making products illegal
justification
the market for illegal products
X comparison with legal prices
comparison of prohibition and taxation
X effects on demand and supply
X effects on price
3
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The market for an illegal drug
Making drugs illegal is likely to lead to a rise in their price
4
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Flashcards (146)