Which of the following statements are in accurate?1. There is substantial agreement about how and when markets fail. 2. There is substantial agreement about whether government improves market outcomes. 3. Voters are quick to blame government meddling for many economic woes. 4. Ideally, the market mechanism will lead an economy to the optimal mix of output.

Question

Brenton Mcgee

Business

11 November, 10:01

Which of the following statements are in accurate?1. There is substantial agreement about how and when markets fail. 2. There is substantial agreement about whether government improves market outcomes. 3. Voters are quick to blame government meddling for many economic woes. 4. Ideally, the market mechanism will lead an economy to the optimal mix of output.

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Answers (1)

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Cade Li · Answer 1

The correct answer is 2

Explanation:

The market outcomes are the accounting indicators of the sales as well as profit revenue and the market share which is commonly used outcomes in the measure of the performance for the marketing.

Markets are for organize the economic activity. But the governments sometimes improve the market outcomes, not always So, there is not agreement regarding that the government to improves the market outcomes. The standard of living of company grounded on the ability to produce the goods and services.