asked 194k views
5 votes
Identify how the government sometimes intervenes in markets to control prices

asked
User Arnette
by
7.9k points

1 Answer

6 votes
The government tries to combat market inequities through regulation, taxation, and subsidies. ... Maximizing social welfare is one of the most common and best understood reasons for government intervention. I hope this helps
answered
User Florent Roques
by
8.9k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.