Economists that do not believe in market failures or that believe the government is not the appropriate entity to intervene when market failures occur, are _____.

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09-11-2022
Business

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Economists that do not believe in market failures or that believe the government is not the appropriate entity to intervene when market failures occur, are _____.

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AnushkaSh AnushkaSh · Answer 1 · 2022-11-13T23:43:05-05:00

People who disagree with market failures or who believe that the government shouldn't intervene when they happen are known as public choice economists.

What do economists mean?

An economist investigates the relationship between a society's resources and its output or production. Researchers in the field of economics study a range of social systems, including small towns, entire nations, and even the global economy.

Work done by economists:

Economists gather and analyze data, look into trends, and assess economic issues in order to study the production and distribution of resources, goods, and services.

To know more about Economists visit:

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