You are on page 1of 1

ASSIGNMENT 2:

Managerial Economics

The Government has various tools available to deal with the Market Failure, the few of
the tools available to the Government was

 Price Profit Regulations


 Restrictive Trade policy and practices
 Direct Controls or Regulations
 Patents and Law of Tort
 Subsidy Policy
 Tax Policy
 Foreign Exchange Policy.

Briefly provide your views on all the above to predominantly sustain for an Economy
in Market forces.

(20 Marks)

You might also like