Problem
1. Does economic theory suggest that the public sector will perform functions efficiently? Why or why not?
2. When is the case for market allocation strongest? What are the major factors that weaken the case for market allocation? Under what conditions is public-sector intervention most likely to improve the situation?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.