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Market Failure and Transactions Cost-ECON
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:
At least 2 pages in lengthAPA Guidlines3-4 American sourcesInclude a supply-demand graph.
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