explain how government impacts on business

Analyse the role of market failure as a justification for government intervention.

Discuss the market failure which justifies government involvement in the economy

What is the difference between private and social costs?

No government can sustain or effectively operate without it's powers. Enumerate and discuss each of the inherent powers of the state.

Explain about the PRIVATE COST of EDUCATION.

A disaster affecting a few neighborhoods recently occurred. Describe what a well- organized and coordinated operation would be like - identify and discuss coordinative mechanisms at the government, non-profit, and community levels.

What do you see as the biggest flaw in using benefit-cost analysis to guide public policy?

Do you believe complicated principles, like competition, apply in both private and public organizations?

Why does government intervention become necessary in the situation of market failure?