Market Failure

Pick one market in Which the price system does not produce an equitable price and quantity of output- In this market demonstrate Which mode of market failure exists- Write a paper of 500 words minimum discussion With at least (2) sources cited in the MLA format- In your discussion be sure to address the following: 1- Describe What sort of market failure exists in the market you chose- 2- Describe an action has our government taken in order to provide this good or service in an equitable fashion in order to resolve this market failure? 3- What has been the end result of this government intervention? (be sure to cite these results- Do not offer opinions) 4- What is at least one alternative to the current government intervention to resolve the market failure?

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