Why does government intervene to affect market equilibrium ?

1.	Why does government intervene to affect market equilibrium ?
Answer» <html><body><p><br/></p>Solution :It becomes <a href="https://interviewquestions.tuteehub.com/tag/necessary-1112675" style="font-weight:bold;" target="_blank" title="Click to know more about NECESSARY">NECESSARY</a> for the government to <a href="https://interviewquestions.tuteehub.com/tag/intervene-7376655" style="font-weight:bold;" target="_blank" title="Click to know more about INTERVENE">INTERVENE</a> to <a href="https://interviewquestions.tuteehub.com/tag/affect-851195" style="font-weight:bold;" target="_blank" title="Click to know more about AFFECT">AFFECT</a> market equilibrium in order to <a href="https://interviewquestions.tuteehub.com/tag/regulate-1182768" style="font-weight:bold;" target="_blank" title="Click to know more about REGULATE">REGULATE</a> the prices of certain goods and <a href="https://interviewquestions.tuteehub.com/tag/services-1202745" style="font-weight:bold;" target="_blank" title="Click to know more about SERVICES">SERVICES</a> when their prices are either too high or too low in comparison to the desired levels. Price ceilingand price floor are measures of direct intervenation by government.</body></html>

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