Question:
What are the Disadvantages of State Provision?
Author: eric_galvaoAnswer:
-Absence of the Price Mechanism can Reduce the Efficiency of the Market -May Fail to Match Consumer Demands as there is no motive of Profit to Decide what is Supplied -Opportunity Cost!!! -May Reduce one’s Self-Reliance. They Know that Goods and Services are there to treat them so, why not Exploit?
0 / 5 (0 ratings)
1 answer(s) in total