The rationale for government involvement in the market economy

What is the rationale for government involvement in the market economy? (p. 555 #1) What is the role of government in dealing with benefit externalities? With cost externalities? (p. 555 #3) Discuss the economic justification for a merger. (p. 555 #8 part1) Briefly...

The rationale for government involvement in the market economy

What is the rationale for government involvement in the market economy? (p. 555 #1) What is the role of government in dealing with benefit externalities? With cost externalities? (p. 555 #3) Discuss the economic justification for a merger. (p. 555 #8 part1) Briefly...