Workings of a market based economy


Problem: Should the government subsidize alternative fuel options given all you have learned about expectations and growth? Give special thought to the following two statements: 1) Can technology create a new future and 2) what incentives are needed for business to adopt new technology? Defend your position using economic principles consistent with the ideals and workings of a market based economy.

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Microeconomics: Workings of a market based economy
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