When Markets Fail, Which of the Following Is True

question 176

Multiple Choice

When markets fail, which of the following is true?

• A)Government intervention can always improve outcomes.
• B)Government intervention can potentially improve outcomes.
• C)Government intervention can never improve outcomes.
• D)Markets do not fail.

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Definitions:

Physical Fidelity

The extent to which a training simulation replicates the real-world physical properties and environment.

Mechanics

The branch of physics associated with the behavior of physical bodies when subjected to forces or displacements.

Tools

Instruments or devices used to perform tasks more efficiently, often used in reference to software or equipment in a professional context.

Behaviour Modelling

A training technique that involves demonstrating desired behaviors and allowing learners to practice and mimic those behaviors.