Please discuss and explain your reasoning for the following: Why would unre

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Please discuss and explain your reasoning for the following:
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Why would unregulated markets result in inefficient societal outcomes in these specific examples?
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What harm is there in inefficient outcomes to society?
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Should the government intervene in the economy?
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What is the upside and/or downside of government intervention, keeping in mind the concepts discussed in chapter 4?
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Can you think of other instances when you would fully endorse government intervention? Defend your example.
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Your initial post must have at least 300 words.

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