Explore BrainMass
Share

Explore BrainMass

    Government intervention in the market

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    8.List five ways you are affected on a daily basis by government intervention in the market. For what reason might government be involved? Is that reason justified?

    © BrainMass Inc. brainmass.com October 9, 2019, 9:18 pm ad1c9bdddf
    https://brainmass.com/economics/competition/government-intervention-in-the-market-180016

    Solution Preview

    1. The government imposes a tax on the extra units of water over 10 litres used daily by each individual in the county. This means that I will have to shorten the length of my daily showers.
    2. The government imposes a daily restriction on the amount of gas one can use in one's automobile, in order to encourage the use of public transport like buses, trains, local trams ...

    Solution Summary

    The solution answers the question below.

    $2.19