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Government failure
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=== High administrative and enforcement costs === Market failure can occur when the costs of the project outweigh the benefits. Costs that are included are; Tax collection through government departments, law enforcement and policy creation. All these costs allocations are quite broad however a lot of people are required to run a secure and efficient system. Cost in the system are classified as a credence-costs as the buyer cannot tell the quantity bought even after buying them. This means that Administration and enforcement costs for a project can be over or under assumed and therefore a market failure can therefore be dismissed easily or over analyzed (however benefits can also be credence-benefits).<ref name=":0">{{Cite web |url=https://www.economicsonline.co.uk/market_failures/government_failure.html/ |title=Government Failure |work= Economics Online |date=27 January 2020 }}</ref>
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