The Two Most Important Rationales for Government Intervention in Non-Monopolistic

question 88

Multiple Choice

The two most important rationales for government intervention in non-monopolistic markets are

• A) market failure and asymmetric information.
• B) substandard products and job creation for public employees.
• C) job creation and income maintenance.
• D) unfair pricing and usury.

---

Definitions:

Normally Sighted

Having vision within the range considered typical or normal, without significant visual impairment.

Smiling

A facial expression formed by flexing the muscles at the sides of the mouth, often signifying joy, amusement, or sociability.

Blind Group

A control group in an experiment that is not exposed to the treatment or intervention being tested, ensuring that the effect of the variable being studied can be accurately measured.

Social Smile

An infant's spontaneous smile, often occurring from birth and becoming socially responsive between 6 to 8 weeks of age.