Some of the problems associated with market intervention include: Resource allocation is in disequilibrium Public ownership...
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Some of the problems associated with market intervention include: Resource allocation is in disequilibrium Public ownership can lead to waste and poor service Subsidies must be paid for eventually O All of the above O None of the above What kind of market structure does McDonalds operate in? Oligopoly O Monopoly Perfect competition Public sector None of the above Some of the problems associated with market intervention include: Resource allocation is in disequilibrium Public ownership can lead to waste and poor service Subsidies must be paid for eventually O All of the above O None of the above What kind of market structure does McDonalds operate in? Oligopoly O Monopoly Perfect competition Public sector None of the above
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ANSWER 1 C Subsidies must be paid for eventually A subsidy is a direct or indirect payment to individuals or firms usually in the form of a cash payme... View the full answer
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