Market Failure and Transaction Cost , economics homework help
Write a minimum of 2 pages on the following:
- Find an article published within 60 days prior to October 3, 2016 that deals with a government action intended to alleviate a market failure.
- Evaluate this decision in light of the potential or realized unintended consequences and the role that transactions cost plays in the market failure.
- Create a demand-supply graph that illustrates this market failure and very briefly explain the graph.
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