Queston 1: What are the three ways in which nonmarket issues can be resolved, or the boundary between market and non-market be set? Give an example of each.
Queston 2: What makes crises different from other events in the nonmarket environment?
Queston 3: Give an example of the role of information in the nonmarket environment. Be sure to explain the role played by the information in your example.
Queston 4: Give two reasons why governments regulate the activities of business firms. Illustrate each with an example.