Assignment:
Market Failure and Transactions Cost
Complete the following:
- Find an article published within 60 days prior to the term 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. Please note, that you need to create the graph and not copy it from any source. Any copied and pasted graphs will not earn any points.
Requirements:
Your paper should be at least 2 pages in length and must conform to APA
Include the supply-demand graph you created based on the requirements established.
Incorporate at least three scholarly references that are not required readings for this module.