Answer to Question #269416 in Microeconomics for Arii

Question

Suggest a relevant government policy that would yield the efficient outcome and carefully explain the process through which the implementation of the government policy will lead to the optimal outcome. (Maximum 30 words) 

Answer 1

Promotion and Development of Tourism in a country.

Encouragement of Micro, Small and Medium Enterprise (MSMEs), export promotion and use of ICT.