1. Why is the government sometimes a part of the problem of coordination failure rather than the solution? Does this make the problem hopeless? What could be done in this case?

Principles of Economics 2e
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter18: Public Economy
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Problem 27P: Say that the government is considering a ban on smoking in restaurants in Tobaccoville. There are 1...
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From the chapter of Economic Development, Contemporary Models of Development and Underdevelopment

1. Why is the government sometimes a
part of the problem of coordination
failure rather than the solution? Does
this make the problem hopeless? What
could be done in this case?
Transcribed Image Text:1. Why is the government sometimes a part of the problem of coordination failure rather than the solution? Does this make the problem hopeless? What could be done in this case?
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