A rationale for government involvement in a market economy is a. markets sometimes fail to produce a fair distribution of economic well-being. b. markets sometimes fail to produce an efficient allocation of resources. c. property rights have to be enforced. d. All of the above are correct.

d. All of the above are correct.

Explanation:

One way of government involvement in a market economy is through Central planning; this way, the government guides economic activity. This can occur to correct a "market failure" which by definition , is inability of a market to allocate resources efficiently. Other reasons for government involvement are ; to improve economic  performance and to achieve a more equitable distribution of income and wealth.

this conflict is person vs. society

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whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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