Option #1: 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.
Requirements:
- Your paper should be at least 2 pages in length and must conform to theCSU-Global Guide to Writing and APA Requirements.
- Include a supply-demand graph.
- Incorporate at least three scholarly references that are not required readings for this module. The CSU-Global Library is a good place to find these references.